Exam 8: Global Trade and Finance

What effect does globalized production have on the workers of the world?

What was the Bretton Woods system designed to prevent?

A nearly 40-year wave of protectionism began in what year?

Name two types of global money.

The declaration adopted by the UN General Assembly calling for a restructuring of the international order toward greater equity for developing countries is called the

Economic globalization often causes _______ within and between states.

What organization promotes development in medium- and low-income countries with project loans and various advisory services?

What are three contrasting ways to conceive of globalization with regards to trade and finance?

Do you think the anti-globalization movement is right in criticizing the current world economic order and the institutions that support it? Why or why not?

What international monetary system did the dollar standard replace?

How do institutions like the OECD both help and harm developing countries?

How do explanations from dependency theory hold up in the face of increasing economic globalization?

Do terms like "Global North" and "Global South" still have explanatory power in the face of globalization?

The Bretton Woods system managed the

Trade agreements that are regional in scope like the EU, NAFTA, or USMCA, are types of

The success of OPEC inspired other commodity-producing countries to think about establishing _______ to increase the prices of coffee, tin, rubber, and other exports from developing states.

How do special economic zones like the maquiladoras influence trade patterns and the production of goods?

The global economic collapse that ensued following the Wall Street stock market crash in October 1929 was called the

The government policy of discouraging imports through the imposition of tariffs and non-tariff barriers is called

Many _______ believe that construction of an open world economy is inevitable.