RI 3 Globalization & Sustainable Prosperity

Which of the following economic systems has the most in common with the current corporate practice of outsourcing jobs to workers in other countries?

• Communism

• Mercantilism

• Capitalism

• Democratic Socialism

Based on this information, the primary motivation behind the Kyoto protocol can be understood to be

• global survival

• humanitarianism

• collective security

• balance of economic power

In 1944, representatives from 44 Allied nations met to discuss the economic order of the globe when World War II finally ended. The result was the signing of an agreement which would see the establishment of a new international monetary system. This event which saw the signing of this agreement was called the

• North Atlantic Treaty Organization

• The Charlotte Town Accord

• Bretton Woods Conference

• the World Bank Accord

The ever increasing and developing interdependence of trade and economic activities between nations is best identified as economic

• modern colonization

• post-modern constructivism

• contemporary imperialism

• contemporary globalization

Which of the following two economists are best associated with the foundations of contemporary economic globalization?

• Lenin & Owen

• Hayek & Keynes

• Smith & Marx

• Engels & Smith

Which of the following is best associated with the establishment of a system of rules, institutions and procedures for a postwar global economy as well as an international monetary system?

• Bretton Woods Agreement

• Pan-American Global Agreement

• North Atlantic Treaty Agreement

• North American Free Trade Agreement

The desire to increase and protect the basic interaction of global economies through the importing and exporting of goods and services on a worldwide level is an example of

• American corporate influence on European markets and national trade

• the expansion of the free market into Eastern Bloc countries at the end of the Cold War

• early interventions of economic globalization at the end of World War II

• European and American agreements to trade only with each other for national gain

Economic globalization is a result of all of the following with the exception of

• Decreased acculturation

• Increased global trade

• Decreased cost of global transport

• Increased availability of communication systems

Which word or term best fills the blank in the statement?

• interdependence

• accomodation

• globalization

• free trade

The statement suggests that national economies will be replaced by

• regional cartels

• free trade zones

• international monopolies

• transnational corporations