Podcast
Questions and Answers
What is the ratio between GDP & trade with industrialized countries?
What is the ratio between GDP & trade with industrialized countries?
- 3:1
- 2:1 (correct)
- 4:1
- 1:1
What was a significant exception to the ratio between GDP & trade with industrialized countries?
What was a significant exception to the ratio between GDP & trade with industrialized countries?
- Globalization
- Periods of rapid economic growth
- Advancements in technology
- Periods between World Wars (correct)
What are the three essential elements of the economic system introduced by Malcolm McLean?
What are the three essential elements of the economic system introduced by Malcolm McLean?
- Means of displacement, traffic infrastructure, load (correct)
- Means of displacement, energy infrastructure, cargo
- Transportation, communication, infrastructure
- Vehicles, road network, goods
What was a major driver of trade mentioned in the text?
What was a major driver of trade mentioned in the text?
What led to cost reductions in intermodal freight transport?
What led to cost reductions in intermodal freight transport?
What is the significance of the ratio between GDP and trade with industrialized countries?
What is the significance of the ratio between GDP and trade with industrialized countries?
What contributed to the success of intermodal freight transport?
What contributed to the success of intermodal freight transport?
What is a major driver of trade mentioned in the text?
What is a major driver of trade mentioned in the text?
Why has transport become cheaper according to the text?
Why has transport become cheaper according to the text?
What caused a dip in seaborne trade according to the text?
What caused a dip in seaborne trade according to the text?
What is a causual link mentioned in the text?
What is a causual link mentioned in the text?
What was introduced by Malcolm McLean as an essential element of the economic system?
What was introduced by Malcolm McLean as an essential element of the economic system?
What was a major driver of trade mentioned in the text?
What was a major driver of trade mentioned in the text?
What contributed to the success of intermodal freight transport?
What contributed to the success of intermodal freight transport?
What caused a dip in seaborne trade according to the text?
What caused a dip in seaborne trade according to the text?