Countries, Regions, and Globalization Quiz
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Questions and Answers

NATO was formed during the Cold War to protect Europe against the threat of the ______

Soviet Union

The Organization of Petroleum Exporting Countries (OPEC) is highly dependent on ______

oil

The Non-Aligned Movement was created in 1961 by the presidents of Ghana, India, and Yugoslavia to pursue world ______ and international cooperation

peace

The Thai economy collapsed in 1996 after foreign currency speculators and troubled international banks demanded the Thai government should pay back its ______

<p>loans</p> Signup and view all the answers

Latin American dependency theory describes that Latin America is not developing because of the global stratification, which is a product of ______

<p>colonialism</p> Signup and view all the answers

A World of Regions is defined as a group of countries located in the same geographically specified area or an amalgamation of the regions or a combination of two or more regions organized regulate and oversee flows and policy choices.

<p>to</p> Signup and view all the answers

REGIONALIZATION is the regional concentration of economic flows and it is the ______ of dividing an area into that smaller segments called regions.

<p>process</p> Signup and view all the answers

REGIONALISM is often seen as a political and economic phenomenon, a political process characterized by economic policy cooperation and coordination among countries.

<p>nad</p> Signup and view all the answers

COUNTRIES RESPOND ECONOMICALLY AND POLITICALLY 1. Some are large enough and have a lot ______ resources to dictate how they participate in processes ______ Global integration.

<p>of</p> Signup and view all the answers

COUNTRIES RESPOND ECONOMICALLY AND POLITICALLY 2. Other countries make up for their small size but taking advantage of their lack strategic location.

<p>by</p> Signup and view all the answers

Study Notes

Cold War and International Organizations

  • NATO was formed during the Cold War to protect Europe against the threat of the Soviet Union.

Economic Organizations

  • The Organization of Petroleum Exporting Countries (OPEC) is highly dependent on oil exports.

Non-Aligned Movement

  • The Non-Aligned Movement was created in 1961 by the presidents of Ghana, India, and Yugoslavia to pursue world peace and international cooperation.

Economic Crisis

  • The Thai economy collapsed in 1996 after foreign currency speculators and troubled international banks demanded the Thai government pay back its debts.

Dependency Theory

  • Latin American dependency theory describes that Latin America is not developing because of the global stratification, which is a product of imperialism.

Regionalization and Regionalism

  • A World of Regions is defined as a group of countries located in the same geographically specified area or an amalgamation of regions or a combination of two or more regions organized to regulate and oversee flows and policy choices.
  • Regionalization is the regional concentration of economic flows, dividing an area into smaller segments called regions.
  • Regionalism is often seen as a political and economic phenomenon, a political process characterized by economic policy cooperation and coordination among countries.

Country Responses

  • Large countries with abundant resources can dictate how they participate in processes of global integration.
  • Small countries with strategic locations can make up for their lack of resources by taking advantage of their location.

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Description

Test your knowledge of countries, regions, and globalization with this quiz. Explore the economic and political definitions of regions and learn about the basic features that define them.

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