Globalization and World Regions GEC 103

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Questions and Answers

What is the primary focus of the concept of Global South?

  • Political divide within Asia, Australia, and New Zealand
  • Technological advancements in the Southern Hemisphere
  • Economic disparity between developing and developed countries (correct)
  • Cultural differences between Africa, Latin America, and Asia

Which term was used to describe countries that did not belong to either First World or Second World economies?

  • Developing Countries
  • Newly Industrialized Countries
  • Global South
  • Third World (correct)

What led to the replacement of the term 'Third World' with 'Global South' after the Cold War?

  • Movements for nationalism and independence (correct)
  • Technological advancements in the developing countries
  • Emergence of the G8 nations
  • End of Western Capitalism

Which regions are included in the Global South according to the text?

<p>Africa, Latin America, and Asia including Middle East (D)</p> Signup and view all the answers

What does Regionalization refer to?

<p>Undirected process of social and economic interaction within a specific region (C)</p> Signup and view all the answers

Which countries are considered part of the Global North according to the text?

<p>Canada, France, Germany, Italy, Japan, United Kingdom, Russia, United States of America (D)</p> Signup and view all the answers

What was the primary purpose for the formation of the North Atlantic Treaty Organization (NATO) during the Cold War?

<p>To counter the threat posed by the Soviet Union and the Warsaw Pact (D)</p> Signup and view all the answers

The Organization of Petroleum Exporting Countries (OPEC) was established primarily for which of the following reasons?

<p>To regulate the production and sale of oil among member countries (D)</p> Signup and view all the answers

Which of the following statements best describes the Non-Aligned Movement (NAM)?

<p>It was a regional bloc created to pursue world peace, human rights, and national sovereignty (B)</p> Signup and view all the answers

What was one of the most serious challenges of regionalism?

<p>The refusal of NATO to dismantle after the collapse of the Soviet Union (D)</p> Signup and view all the answers

Which of the following events is an example of the challenges posed by economic crises to regional blocs?

<p>Greece considering leaving the European Union to gain more economic flexibility (C)</p> Signup and view all the answers

What was the primary reason cited for the United Kingdom's decision to leave the European Union, commonly known as 'Brexit'?

<p>Anti-immigrant sentiment and a populist campaign against Europe (B)</p> Signup and view all the answers

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