Question 1

According to Oatley,the sole reason why global income inequality has decreased during the last twenty years is because of

Accepted Answer

A)   lower wages in factories in advanced industrial countries
B)   higher wages in factories in advanced industrial countries
C)   lower wages in factories in developing countries
D)   higher wages in factories in developing countries
E)   commercial loans to developing countries. D

Question 2

Discuss and analyze Oatley's claim that the fate of the world's poor is in the hands of rather poorly informed American voters.Do you believe that Oatley's overall arguments about the political costs and economic benefits of globalization were fair and balanced?

Accepted Answer

Oatley's claim that the fate of the world's poor is in the hands of rather poorly informed American voters is a provocative and thought-provoking statement. On one hand, it can be argued that American voters, as citizens of a global superpower, have a significant impact on global economic and political policies. Their decisions can influence trade agreements, foreign aid, and international relations, all of which can have direct consequences for the world's poor. However, it is also important to consider the role of other global actors, such as multinational corporations, international organizations, and other powerful nations, in shaping the fate of the world's poor.

As for Oatley's overall arguments about the political costs and economic benefits of globalization, it is a matter of perspective whether they are fair and balanced. Globalization has undoubtedly led to economic growth and development in many parts of the world, lifting millions out of poverty. However, it has also been associated with job displacement, income inequality, and environmental degradation. Oatley's arguments may be fair in highlighting the potential downsides of globalization, but it is important to also acknowledge the benefits it has brought to many people around the world.

In conclusion, Oatley's claim about the influence of American voters on the fate of the world's poor raises important questions about global governance and responsibility. As for his arguments about the political costs and economic benefits of globalization, they are fair in presenting a balanced view of the complex and multifaceted impacts of this phenomenon. However, it is crucial to continue engaging in critical discussions and debates about these issues to ensure that the interests of the world's poor are adequately represented and addressed in global decision-making processes.

Question 3

Total world income has risen much more rapidly during the last 40 years than it did during the nineteenth and first half of the twentieth century.

Accepted Answer

A) True 
 B)False  True

Question 4

Discuss and explain how globalization has both positive and negative scale and structural effects on the environment.

Accepted Answer

The answer of Discuss and explain how globalization has both...

Question 5

Recent research suggests that the absolute number of people living poverty has grown in the past thirty years.

Accepted Answer

A) True 
 B)False

Question 6

Discuss the arguments and evidence Oatley presents to refute the claim that globalization has created sweatshops whose working conditions represent the cold exploitation of developing-world workers by global capital.

Accepted Answer

The answer of Discuss the arguments and evidence Oatley presents...

Question 7

According to Oatley,globalization has a real public-relations problem that has been created by the antiglobalization movement based on,in many instances,factually incorrect claims.

Accepted Answer

A) True 
 B)False

Question 8

According to Oatley,the world economy between 1960 and 2000 grew annually by about

Accepted Answer

A)   0.5%.
B)   1.0%.
C)   3.5%.
D)   5.0%.
E)   7.0%.

Question 9

Explain and discuss some of the claims and counter claims about the contemporary effects of globalization in the world economy.

Accepted Answer

The answer of Explain and discuss some of the claims...

Question 10

Discuss the arguments and evidence Oatley presents to refute the claim that globalization has brought rising inequality and poverty.

Accepted Answer

The answer of Discuss the arguments and evidence Oatley presents...

Question 11

Recent research suggests that the absolute number of people living in poverty between 1980 and 2008 fell by about

Accepted Answer

A)   100 million.
B)   300 million.
C)   500 million.
D)   700 million.
E)   900 million.

Question 12

According to Oatley,annual compensation by MNC affiliates is the

Accepted Answer

A)   highest in the electronic sector in low income countries.
B)   highest in the manufacturing sector in high income countries
C)   highest in the metals sector in middle-income countries.
D)   highest in the petroleum sector in low income countries
E)   lowest in the food sector in high income countries

Question 13

Global income inequality is much greater than domestic income inequality in even the most unequal countries.

Accepted Answer

A) True 
 B)False

Question 14

The environmental Kuznets curve

Accepted Answer

A)   demonstrates at low income levels environmental damage from economic activity is high.
B)   demonstrates as societies begin to industrialize and raise incomes the negative scale effects lessen.
C)   demonstrates as societies begin to industrialize and raise incomes the negative structural effects lessen.
D)   demonstrates at high income levels the positive effects outweigh the negative effects substantially.
E)   is usually graphed in the shape of the letter U.

Question 15

“Core labor standards” elaborated in the ILO 1998 declaration do not include

Accepted Answer

A)   abolition of forced labor.
B)   minimum age for employment.
C)   right to collective bargaining.
D)   freedom of association.
E)   maximum working hours.

Question 16

According to Oatley,what binds the anti-globalization movement is opposition to a global economy that they believe prioritizes

Accepted Answer

A)   advanced industrial country interests over developing country interests.
B)   Asian economic development over other developing regions.
C)   economic interests over security concerns.
D)   corporate and commercial interests over other concerns.
E)   political interests over economic interests.

Question 17

According to Oatley,although the causal relationship between participation in global economy and growth is debated,which of the following is a correct statement?

Accepted Answer

A)   There are some instances of countries that isolated themselves outperforming countries that integrated into the global economy.
B)   There are many instances of countries that isolated themselves outperforming countries that integrated into the global economy.
C)   There are no instances of countries that isolated themselves outperforming countries that integrated into the global economy.
D)   There is vast evidence that recent improvements in global income inequality were caused by globalization.
E)   There is vast evidence that recent improvements in global poverty were caused by globalization.

Question 18

Oatley concludes that the fate of the world's poor is in the hands of rather poorly informed American voters.Which of the following concerns is not listed as one of American fears about globalization in the conclusion to Oatley's book?

Accepted Answer

A)   Globalization is eliminating American jobs.
B)   Globalization is lowering wages in the United States.
C)   Globalization is widening global income inequalities.
D)   Globalization is strengthening the power of American MNCs.
E)   Growth of global trade is destroying the environment.

Question 19

Discuss and analyze the arguments against relying on markets and/or government regulations to generate better working conditions in developing countries.

Accepted Answer

The answer of Discuss and analyze the arguments against relying...

Question 20

The defenders of globalization believe that all global economic activity has a positive impact on the environment.

Accepted Answer

A) True 
 B)False

Exam 16: Globalization: Consequences and Controversies

According to Oatley,the sole reason why global income inequality has decreased during the last twenty years is because of

Discuss and analyze Oatley's claim that the fate of the world's poor is in the hands of rather poorly informed American voters.Do you believe that Oatley's overall arguments about the political costs and economic benefits of globalization were fair and balanced?

Total world income has risen much more rapidly during the last 40 years than it did during the nineteenth and first half of the twentieth century.

Discuss and explain how globalization has both positive and negative scale and structural effects on the environment.

Recent research suggests that the absolute number of people living poverty has grown in the past thirty years.

Discuss the arguments and evidence Oatley presents to refute the claim that globalization has created sweatshops whose working conditions represent the cold exploitation of developing-world workers by global capital.

According to Oatley,globalization has a real public-relations problem that has been created by the antiglobalization movement based on,in many instances,factually incorrect claims.

According to Oatley,the world economy between 1960 and 2000 grew annually by about

Explain and discuss some of the claims and counter claims about the contemporary effects of globalization in the world economy.

Discuss the arguments and evidence Oatley presents to refute the claim that globalization has brought rising inequality and poverty.

Recent research suggests that the absolute number of people living in poverty between 1980 and 2008 fell by about

According to Oatley,annual compensation by MNC affiliates is the

Global income inequality is much greater than domestic income inequality in even the most unequal countries.

The environmental Kuznets curve

“Core labor standards” elaborated in the ILO 1998 declaration do not include

According to Oatley,what binds the anti-globalization movement is opposition to a global economy that they believe prioritizes

According to Oatley,although the causal relationship between participation in global economy and growth is debated,which of the following is a correct statement?

Oatley concludes that the fate of the world's poor is in the hands of rather poorly informed American voters.Which of the following concerns is not listed as one of American fears about globalization in the conclusion to Oatley's book?

Discuss and analyze the arguments against relying on markets and/or government regulations to generate better working conditions in developing countries.

The defenders of globalization believe that all global economic activity has a positive impact on the environment.