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- 1. Multiple ChoiceWhich of the following is NOT a characteristic of the Industrial Revolution?more jobsmass productionincrease in home based productionimproved transportation
- 2. Multiple ChoiceThe following are characteristics of Special Economic Zones (SEZ) except:an area within a country that has tax incentivesa specific area with less demanding environmental regulationsan area of coastal water within a certain distance from the country’s coastlinea specific area that has rules implemented to attract foreign business and investment
- 3. Multiple ChoiceWhat is comparative advantage?a. the ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than other producersInterdependence between countriesthe actual or potential relationship between two places, usually referring to economic interactionsThe procuring of services or products, such as the parts used in manufacturing a motor vehicle, from an outside supplier or manufacturer in order to cut costs
- 4. Multiple ChoiceWhich economic sector is best represented by manufacturing?Primary sectorQuaternary sectorTertiary sectorSecondary sector
- 5. Multiple ChoiceAn approach to resource use and management that meets economic and social needs without compromising the resources for future generations isConventional developmentGrowth polesEconomic developmentSustainable development
- 6. Multiple ChoiceWhich one of the following is the cause of International trade?Ability of one country to produce goods/ services for comparatively cheaper prices than other countriesTransferring work to another country to reduce labor costsloss of diverse economies through globalizationExport processing zones
- 7. Multiple ChoiceWhich of the following is a periphery country?ChinaUnited StatesSri LankaSouth Africa
- 8. Multiple ChoiceWhat is the purpose of ecotourism?To teach people about other countriesHuman welfare in developed countriesTo get people to visit different countriesTo protect the environment and generate jobs
- 9. Multiple ChoiceWhich one of these is the main criticism of Wallerstein’s World System Theory model?People thought it provided a western-centric understanding of the worldIt focuses too much on the economy and not enough on cultureIt did not accurately apply to what was going on in Africa and AsiaFocuses on the individual country
- 10. Multiple ChoiceWhich of the following best describes why Maquiladoras are placed mostly in northern Mexico?land is cheaper in northern MexicoClimate conditionsNorthern Mexico is way cooler than the rest of Mexicoto minimize transportation costs
- 11. Multiple ChoiceWhich of the following is NOT an invention from industrial Revolution?Spinning JennyCotton GinSteam EngineOil Lamps
- 12. Multiple ChoiceA measurement of the averaged goals in key dimensions of development is:Gross National IncomeGender inequalityHuman development indexLiteracy rate
- 13. Multiple ChoiceDeveloping countries tend to have a larger workforce employed in the:Primary SectorSecondary sectorTertiary sectorQuaternary sector
- 14. Multiple ChoiceWhich of the following best describes total fertility rate?The average number of children that die in the first year of life per 1000 birthsThe average number of children a women will have during their childbearing yearsThe average number of people who can read and write in their native languageReplaces GDP per capita with income
- 15. Multiple ChoiceThe number of people who can read and write in their native language is:Total fertility rateInfant MortalityLiteracy RateHuman development index
- 16. Multiple ChoiceWhere did the Industrial Revolution originate?AmericaChinaBritainAfrica
- 17. Multiple ChoiceWhich idea best describes the locational interdependence theory?Footloose industryAgglomerationDependency theoryDeglomeration
- 18. Multiple ChoiceWhat is the purpose of all the Millennium development goals?To promote better health conditionsTo Fight povertyTo help prevent blockbustingTo encourage global development
- 19. Multiple ChoiceWhich of the following is NOT an impact of outsourcing?decline of manufacturing jobs in developed countriesIncrease of manufacturing jobs in developed countriesIncrease of tertiary sector jobsIncrease of quaternary jobs
- 20. Multiple ChoiceWhich of the following is NOT a characteristic of just-in-time delivery?Suppliers need to consider the time it takes to get their parts to the assembly plantAvoids tying up money in inventorySuppliers don’t need to consider transportation costsd. Reduces expensive storage costsReduces expensive storage costs
- 21. Multiple ChoiceWhich of the following is not one of Weber’s assumptions in his Least Cost Theory?Labor is available everywhere, but it is immobileThe area is a uniform plaindisregards of transnational structures that constrain local and national developmentInputs involve raw materials from multiple sources
- 22. Multiple ChoiceWhich one of these export processing zones (EPZ) are correctly matched?Free zones in MexicoTransnational corporations in IndiaMaquiladoras in Dominican RepublicSpecial economic zones in China
- 23. Multiple ChoiceWhich is NOT a part of the calculations for Human Development Index (HDI)?Literacy RateBirth ratesLife ExpectancyGDP
- 24. Multiple ChoiceWhat super nationalist organization set the Millennium Development Goals?NAFTAUNEUNATO
- 25. Multiple ChoiceWhich are the following NOT reasons for outsourcing?Low labor costsAccess to raw materialsLarge workforceSkilled workers
- 26. Multiple ChoiceWhat conventional development?the management of resources to meet economic and social needs without endangering future generationsmeeting economic and social needs without managing the impact of the gains for future generationsthe interdependence between two countries in order to gradually developglobal and even development between countries
- 27. Multiple ChoiceIndustries that can be relocated and not be impacted by different factors are-Bulk-gaining IndustriesFootloose IndustriesBreak-of-bulk pointBasic industry
- 28. Multiple ChoiceWhat kind of strategy did the four tigers use?Single market manufacturingImport-oriented industrializationlabor-intensive industriesExport-oriented industrialization
- 29. Multiple ChoiceWhich one of this is a bulk-gaining industry?Canned food industryCopper industrySteel industryCoal industry
- 30. Multiple ChoiceWhy do women not get paid as much as men in LDC's?Cultural barriersThey are more skilled than menwomen don’t demand like the menWomen are older than men
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