12 Questions
Which regions are included in the Global South?
Africa, Latin America, the Caribbean, Pacific Islands, and developing countries in Asia
Which countries are considered the largest Southern states by land area and population?
Brazil, India, China, Indonesia, Mexico
What characteristics generally differentiate the Global North from the Global South?
Levels of wealth, economic development, income inequality, democracy
Why is international trade important?
To expand markets and access goods and services not available domestically
What is a common trait of states in the Global North?
Technologically advanced manufactured product exports
What is a possible consequence of international trade?
More competitive pricing resulting in cheaper products
How is the division between the North and the South often challenged?
By being considered incompatible with reality
How do some countries treat imported goods according to the text?
They treat them the same as domestically produced goods
In economic terms, how is the income distributed between the North and South as of the early 21st century?
North has four-fifths of world's income, South has one-fifth
Who recognized the importance of international trade early on?
Adam Smith and David Ricardo
What is the North–South divide mainly based on?
Socio-economic and political factors
Which countries are typically included in the Global North as per the text?
United States, Canada, European countries
Explore the composition and characteristics of the Global South and Global North, including the countries that fall under each categorization. Learn about the historical context and implications of these terms in global discussions.
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