International Organizations
What organization is principally concerned with reducing global poverty and promoting development?
World Bank
What is the commodity used to produce flip-flops?
Oil
What is the name of the Western t-shirts imported into Tanzanian markets?
Mitumba
What is a tax on goods imported from abroad?
Tariffs
What is the year that Jamaica earned independence?
1962
What were the organizations created shortly before the end of WWII to promote a stable and free global economic trading system?
Bretton Woods Institutions
What is the name of the Chinese migration system used to limit movement from rural areas to urban areas?
Houkou
What is the name of the bactirium that is injected into cottonseed?
Bacillus Thuringiensis
Money paid to domestic actors to lower the costs of producing goods.
Subsidy
What are Production zones usually located near borders or ports where local taxes and regulations do not apply?
Export Processing Zone
What is the name of the organization that is charged with promoting multilateral trade?
WTO
What is a country that does not appear on any map, but that functions like an empirical state?
Somaliland
What is a network of labor and production processes whose end result is a finished commodity?
Global Commodity Chain
Creative Destruction
What is an imported product that destroyed Jamaica's dairy industry?
Powdered Milk
What is the former name of the WTO?
GATT
What is the name of a person who works for a living by finding discarded items of value in a city dump?
Scratcher
What is a theory of global trade that argues that international trade will weaken wages and environmental protections in the Global North?
Race to the Bottom
What is the process by which developing countries tried to replace imported goods with locally produced goods?
Import Substitution
Who is a former Jamaican prime minister?
Michael Manley
What is the organization charged with promoting global financial stability?
IMF
What is the name of the landfill outside Addis Abbaba?
Koshe
A theory of economic development contending that as economies mature, sensitivity to the environmental costs of economic growth increase.
Kuznets Curve
What are the restrictions tied to loans obtained through the IMF or the World Bank?
Structural Adjustment
How local forces respond to and interpret global forces?
Glocalization