Chapter 7 Self-grading Quizzes

Globalization and Development
. Global civil society is defined as ________.

. By transacting freely across borders, multinational corporations ________.

. The Washington Consensus, which has been central to neoliberal globalization, did NOT promote ________.

. One aspect of globalization has been the emergence of a network of global ________, which entails a formal and informal collection of institutions that rule, though not democratically or accountably.

. ________ refers to investment that has a physical presence and is made across borders.

. Africa's recent surge in growth was driven by_________.

. Which countries absorb the most foreign direct investment (FDI) to the Global South?

. Most of the world's poorest countries are located in ________.

. The ________ began in 2001 to bring together a diverse range of global civil society movements struggling against exploitation, poverty, insecurity, and neoliberalism's negative impacts.

. In relation to the COVID-19 pandemic, the Global South views what as being equal if not more damaging than direct health impacts?

. ________ protested against the corporate influence over the political system and political institutions and against the privileges enjoyed by the "1 per cent."

. Amartya Sen believes that the main issue is not globalization itself, but ________.

. Critics of the current model of globalization insist on ________.

. The alter-globalist movement has impressive messages that include all but one of the following: ________.

. From a globalization perspective ______________

. Globalization has generated

. Globalization is powerful ____________

. Globalization is a trans planetary process that _____________

. Globalization can be understood as _________________

. The mixed record of poverty reduction calls into question _______________

. It can be said that Africa ______________

. Many African countries seems to be facing __________________.

. Many critics suggest that _______________.

. Walden Bello, a political economist from the Philippines ______________

. Foreign direct investment is short-term investment of a strictly financial nature.

. Multinational corporations are those that operate and/or invest in more than one country.

. Despite the overall rise in global trade, the developing world's share of exports has declined since 1990.

. Rates of poverty in the developing world have declined chiefly in China, India, and several East Asian countries, while other areas have experienced setbacks.

. MERCOSUR is a regional trade bloc comprising Brazil, Argentina, Chile, Venezuela, and Peru.

. According to Amartya Sen, the problem is not globalization itself, but the unequal distribution of the benefits of globalization.

. The Washington Consensus prescribes a reversal of the policies of trade liberalization and privatization to boost the economic growth of developing countries.

. Globalization has resulted in a contraction of time and space.

. The Zapatistas, who publicly rejected the neoliberal policies of NAFTA, represent the interests of indigenous communities in Mexico.

. The BRICS countries represent a fundamental alternative to, not a reformist sentiment toward, the global integration of trade, production, and finance.

. In Europe, the conservative right failed to outmaneuver the left, despite hijacking its critique of globalization.

. Globalization has had a definitely positive impact for sub-Saharan Africa.

. Globalization is reducing poverty as well as inequality.

. Samir Amin suggests that globalization is setting the stage for a new offensive from the United States to protect its imperial interests.

. The demand for "another" globalization is best captured by the World Social Forum activity.

. Dissonance between the promise of globalization and free trade and neoliberal policies translate into economic growth In African countries.

. About half the world's population subsists on more than $5.50 a day compared to the richest 1%.

. COVID-19 has hit the Global North as hard as other pandemics, including Ebola.

. Globalization has impacted on politics all over the world.

. In 2007–8, important institutions in the United States lost billions of dollars.

. The financial crisis of 2007–8 provoked a recession that hit the Global South.

. There have not been proposals to reform international political institutions.

. The ascendancy of a global civil society is based on numerous demands, demonstrations, movements, and networks.

. The alliance of "teamsters" (trade unions) and "turtles" (environmentalists) is an example of globalization programs.

. Canadian author and social activist Naomi Klein is one among many who have sounded the call for immediate action to stem the impending disaster of global climate change.

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