Developing Nations
Trade
Globalization
Environmental Impacts
Political Impacts
100
What are emerging nations? a) Business facilities for advanced production of manufactored goods. b) The elimination of trade barriers, such as tariffs, amongst nations. c) Nations in the process of being industrialized. d) All the financial interactions among people, businesses, and governments.
The answer is 'c'.
100
Multinational companies have established ______, _______, or _________ in many countries.
1) plants 2) offices 3) stores
100
"Supporters suggest that __________, ____________ markets and the free flow of goods, services, technology, and investments ___________ all nations."
"Supporters suggest that 'open', 'competitive' markets and the free flow of goods, services, technology, and investments 'benefit' all nations."
100
What is the ozone layer?
It is the Earth's main protection against the Sun's damaging ultraviolet rays.
100
Nations possessing ________ reserves have the power to affect _________ and ___________ situations in countries all over the world.
1) Oil 2) Economic 3) Political
200
Emerging nations become prime locations for new _________ operations. a) manufactoring b) developing c) emerging d) economic
a) manufactoring
200
During what year did the GATT end?
1994
200
What year did the WTO begin?
1995
200
Economic development had a __________ impact on the environment. a) major b) minor
a) major
200
Manufactoring requires the processing of ________ materials.
Raw
300
Workers could work for _______ money in emerging nations than those in developing nations. a) more b) less
b) less
300
What is free trade?
Elimination of trade barriers, such as tariffs amongst nations.
300
What does WTO stand for?
World Trade Organization
300
The burning of coal and oil releases carbon dioxide, and is used as an energy source for many countries. a) How does this impact our atmosphere? b) What are two environmental detriments that this can cause?
a) (Many scientists believe that) It has contributed to global warming. b) Two effects 1) Air Pollution 2) Acid rain
300
In 1991, how many countries declared war on Iraq? Why?
1) 19 2) Because Iraq invaded Kuwait and seized the Kuwaiti oil fields.
400
Why were emerging nations prime locations for new manufacturing operations?
Some economists believe that these areas were chosen because they had many eager workers whose skills fit manufactoring-type jobs.
400
Complete the sentence: Companies that operate in a number of different countries are called multinational or _____________ corporations.
Transnational
400
Which of the following isn't a multinational corporation? a) Mobil b) Chick Fil-A c) Starbucks d) Walmart
Chick Fil-A
400
What damage could ultraviolet rays bring to the environment?
It can result in damage to populations of plants and plankton at the bases of the food chains, which sustain all life on Earth.
400
What does OPEC stand for?
Organization of Petroleum Exporting Countries
500
What effect did technology bring to society? *HINT: Page 1076
It changed the workplace of both developed and emerged nations.
500
A European organization set up in 1951 promoted tariff-free trade among member countries. What was this organization called?
The European Economic Community (EEC).
500
What does GATT stand for?
General Agreement on Tariffs and Trade
500
What effect does a high extinction rate have on the environment?
It means that certain species can no longer serve as an economic resource. *The resulting loss of wildlife could endanger complex and life-sustaining processes that keep the Earth in balance.
500
How are countries with no natural oil reserves effected by countries that do?
For nations with little of this resource available in their own land, disruption of the distribution of oil causes economic and political problems.