DYRT Quiz Ch. 10 KI 3&4

Which was NOT one of the Four Asian Dragons that based its development on international trade?

• Singapore

• Taiwan

• South Korea

• Vietnam

• Taiwan

A country that concentrates on international trade...

• benefits from exposure to the demands and preferences of the consumers in other countries

• is limited by the actions of the trading bloc of the WTO

• is exempt from foreign trade tariffs

• experiences slow, but steady growth

• is restricted by foreign trade agreements

Microsoft loaning money to set up software packaging operations in Ireland would be an example of

• the International Monetary Fund

• the World Bank

• foreign direct investment

• multinational corporation relocation program

• international development assistance program

Microfinancing is intended

• for new corporations moving into developing countries

• for individuals to obtain small loans for cottage industries

• for established business to secure loans for expansion

• to provide substantial loans to multinational corporations to move into less developed countries

• to provide loans of less than $100

Fair trade

• allows for fair competition between the same producers in a country on the global market

• allows for workers to keep more of their profits and eliminates the middleman

• provides equal trade practices and restrictions betweens countries

• allows for competition of workers in agricultural industries by controlling wage rates

• there is no such thing as fair trade

Which region has seen the lowest gain in HDI indicators?

• North America

• South America

• Central Asia

• South Asia

• Sub-Saharan Africa