Exam 11: Geographies of Globalization

Some scholars argue that the contemporary world economy is based on three regions: North America, the European Union, and East and Southeast Asia.

Why are transnational corporations able to undermine national economies?

Identify the three variables that explain commodity flows.

The port of Churchill on Hudson Bay is open to traffic only from mid-July to mid-November due to which of the following reasons?

Innovations lead to change in human behaviour or production processes.

Tariffs on goods are about 50 per cent of what they were in 1947.

According to some, a major failing of capitalism is that it has a dehumanizing effect on individuals living within it. Which of the following terms describes this effect?

Which of the following was the first form of social media?

Face-to-face interaction in a shared physical space is decreasing in value.

Which of the following terms describes when commodity flows are affected by the ease with which a commodity can be transferred?

Which of the following terms describes a form of international economic integration that includes a common market and harmonization of certain policies?

In general, countries that are major sources of foreign direct investment (FDI) are also which of the following?

Which method of transportation is particularly subject to rapid technological change and to political influence?

The rise of transnational corporations means that the production process has become increasingly organized within national boundaries rather than across them.

Which of the following was a planned international institution as part of the postwar economic system but was refused for ratification by the United States senate?

Compare and contrast the skeptical and transformationalist theses of globalization, with attention to central features, driving processes, patterns of differentiation, and conceptualizations.

Direct investment by a government or multinational corporation in another country is known as which of the following?

What international institution was created in 1947 to reduce barriers to trade between countries?

Which of the following transnational companies had the highest revenue in 2017?

Which scholar argues that globalization is exaggerated and that, at best, we live in a world of semi-globalization?