Global Systems 2 Quiz
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Questions and Answers

What is globalization?

  • The process of countries banning trade with each other
  • The process of countries focusing on local trade and services
  • The process of countries becoming more connected through various flows (correct)
  • The process of countries isolating themselves from the rest of the world

    • Which sectors are involved in the interdependence of global systems?

  • Only social sector
  • Economic, social, political, and environmental sectors (correct)
  • Only economic sector
  • Only environmental sector

    • What determines how easy countries can trade?

  • Historical alliances
  • Membership in international organizations
  • Access to natural resources
  • Access to markets (correct)

    • What has been a trend in global trade volume from 1980 to 2008?

    <p>Eightfold increase</p> Signup and view all the answers

    Which regions dominate the banana trade?

    <p>Dollar producers and EU</p> Signup and view all the answers

    What do the 'banana wars' refer to?

    <p>'Banana wars' refer to a prolonged trade dispute over special treatment by the EU</p> Signup and view all the answers

    What are some positive aspects of scientific research in Antarctica?

    <p>Pooling scientific resources and enabling safe tourism</p> Signup and view all the answers

    What are the consequences of global governance in Antarctica?

    <p>Positive efforts like combating climate change but potential limitations on resources</p> Signup and view all the answers

    Which continent has seen significant investments from emerging economies like China?

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

    What plays a role in determining how easy or difficult it is for a country to engage in trade?

    <p>Access to markets, wealth, and trade agreements</p> Signup and view all the answers

    What does globalization involve?

    <p>Flows of information, capital, trade, services, and labor</p> Signup and view all the answers

    Which organization sets global trade rules?

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

    What is the main purpose of trading blocks?

    <p>To promote fair trade practices</p> Signup and view all the answers

    What does the term 'banana wars' refer to?

    <p>A dispute over special treatment by the EU in banana trade</p> Signup and view all the answers

    What are the major importers in the banana trade?

    <p>US and EU</p> Signup and view all the answers

    Why is access to markets crucial for international trade?

    <p>It determines how easy countries can trade</p> Signup and view all the answers

    What are some trends in global trade?

    <p>Eightfold increase in trade volume from 1980 to 2008</p> Signup and view all the answers

    Why is global governance in Antarctica considered beneficial?

    <p>It promotes global collaboration among scientists</p> Signup and view all the answers

    What group dominates the banana trade alongside dollar producers?

    <p>'ACP' group (Africa, Caribbean, Pacific)</p> Signup and view all the answers

    What are the primary factors influencing how easy countries can engage in trade?

    <p>Wealth, special agreements for least developed countries</p> Signup and view all the answers

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