Global Development and Economic Strategies
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Questions and Answers

What is the expected outcome of the $2.75 billion promise by G7 to the Global Partnership for Education?

  • 40 million more boys will go to school by 2026
  • 40 million more girls will go to school by 2026 (correct)
  • 30 million more girls will go to school by 2027
  • 20 million more girls will go to school by 2025

    • Which of the following is NOT an example of attracting FDI?

  • Intellectual property law
  • Good governance
  • Establishment of state-owned enterprises (correct)
  • Tax incentives

    • What is the primary purpose of regional development aid in the 21st century?

  • Supporting industrialization
  • Enhancing intellectual property law
  • Supporting the tertiary sector (correct)
  • Promoting tourism

    • What is the result of China joining the WTO in 2001?

    <p>China's GDP went from $1.3 trillion in 2001 to $14.7 trillion in 2020</p> Signup and view all the answers

    What is the percentage of Kenya's GDP that comes from tourism in 2019?

    <p>9% of Kenya's GDP</p> Signup and view all the answers

    What is the purpose of the EU's Regional Development Funds?

    <p>Infrastructure development in EU member states</p> Signup and view all the answers

    What was the change in the US trade balance between 1993 and 2014?

    <p>A change from a $54 billion surplus to a $54 billion deficit</p> Signup and view all the answers

    What was the result of the tripling of farm exports to the US for Mexico?

    <p>An increase in agricultural unemployment</p> Signup and view all the answers

    What was the purpose of the balanced budget rule in Mexico?

    <p>To decrease public debt</p> Signup and view all the answers

    What was the effect of the energy proportionality clause in the USMCA?

    <p>It was removed from the USMCA</p> Signup and view all the answers

    What was the result of the tripling of inward FDI from the US and Mexico for Canada?

    <p>An increase in exports to the US</p> Signup and view all the answers

    What was the minimum hourly wage required for factories to qualify for zero tariffs in the USMCA?

    <p>$16 per hour</p> Signup and view all the answers

    What is the primary issue hindering the economic and social development of the DRC?

    <p>Corruption and lack of transparency in the mining sector</p> Signup and view all the answers

    Why does Haiti have a lower Human Development Index (HDI) compared to the Dominican Republic?

    <p>The Dominican Republic has a more developed economy and better infrastructure</p> Signup and view all the answers

    What is a significant consequence of deforestation in Haiti?

    <p>Soil erosion and deterioration of water habitats</p> Signup and view all the answers

    What is the primary reason for the high levels of poverty in Haiti?

    <p>The country's history of political instability and corruption</p> Signup and view all the answers

    What is the significance of the 2010 earthquake in Haiti?

    <p>It resulted in a cholera outbreak</p> Signup and view all the answers

    What is the primary difference between the economic situations of Haiti and the Dominican Republic?

    <p>The Dominican Republic has a more developed economy and better infrastructure</p> Signup and view all the answers

    What is the primary factor that leads to regional divergence according to the Cumulative Causation theory?

    <p>The initial advantages of a particular region</p> Signup and view all the answers

    What is the term for the area experiencing the most rapid economic growth, according to Gunnar Myrdal's theory?

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

    What is the result of the backwash effects in the periphery, according to the Cumulative Causation theory?

    <p>A drain of labor, capital, and resources from the periphery</p> Signup and view all the answers

    According to the Cumulative Causation theory, what is the primary goal of government policies aimed at reducing regional disparities?

    <p>To promote regional convergence and equal opportunities</p> Signup and view all the answers

    What is the relationship between the core and periphery regions, according to the Cumulative Causation theory?

    <p>The core experiences economic growth, while the periphery experiences economic stagnation</p> Signup and view all the answers

    In what ways does the Cumulative Causation theory suggest that regional disparities can be addressed?

    <p>Through a combination of government agencies, tax policies, and subsidies</p> Signup and view all the answers

    What is the primary environmental concern associated with the increased use of the Northern Sea Route and Northwest Passage?

    <p>Disruption of fragile ecosystems</p> Signup and view all the answers

    What is the estimated reduction in travel time between East Asia and Western Europe using the Northern Sea Route compared to traditional routes?

    <p>10-15 days</p> Signup and view all the answers

    Why is the Northwest Passage only open for 3-4 months a year?

    <p>Due to sea ice melting</p> Signup and view all the answers

    What is the primary advantage of using the Northern Sea Route and Northwest Passage for trade?

    <p>Reduced travel times and lower energy costs</p> Signup and view all the answers

    What is the estimated decrease in shipping distance between East Asia and Western Europe using the Northwest Passage compared to traditional routes?

    <p>40-50%</p> Signup and view all the answers

    Why is there a need for Canadian investment and approval for the use of the Northwest Passage?

    <p>Due to the need for infrastructure development</p> Signup and view all the answers

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