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 (B)</p> Signup and view all the answers

Which regions dominate the banana trade?

<p>Dollar producers and EU (D)</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 (D)</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 (B)</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 (B)</p> Signup and view all the answers

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

<p>Africa (D)</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 (A)</p> Signup and view all the answers

What does globalization involve?

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

Which organization sets global trade rules?

<p>WTO (A)</p> Signup and view all the answers

What is the main purpose of trading blocks?

<p>To promote fair trade practices (C)</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 (B)</p> Signup and view all the answers

What are the major importers in the banana trade?

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

Why is access to markets crucial for international trade?

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

What are some trends in global trade?

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

Why is global governance in Antarctica considered beneficial?

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

What group dominates the banana trade alongside dollar producers?

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

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