Trade
International Economics
(Blank)
HDI & GII
Theory
100
When nations can produce a product better than another country. The country who specializes makes it better and uses fewer resources than a comparable country is said to have this.
Comparative advantage
100
What scale of analysis would best reveal pertinent spatial data on economic benefits and disparities of global trade in ports cities and manufacturing towns.
What is local scale?
100
Which level of government would be in the position to establish environmental regulations on export processing zones which can impact the entire country.
What is national?
100
Indicates countries composite score in areas of healthcare, standard of living, life expectancy in this index ranging from 0 to 1.
What is human development index (HDI)?
100
Resources and material are flowing from underdeveloped states to modern developed states.
Core countries sell finished goods back to the periphery countries from which they are also using them as a source of cheap labor.
Dependency theory?
200
A term which states that trade between countries is a mutually beneficial in which countries want/demand what the other country produces/supplies.
Complementarity
200
The policies which favor free market economies and privatization of industry, not in control of the government.
What is neoliberalism?
200
A
European Union
200
Maternal reproductive health, labor participation and indices of empowerment for women are compiled into this index. A high score is not what a country wants on this index if it purports itself to be a country of equality for men and women.
What is gender inequality index (GII)?
200
When 60% of a country's exports are raw materials and/or agricultural products it is considered to be this. Which means their economy is vulnerable to price fluctuations and natural disasters.
What is export-commodity-dependent?
300
the desire to buy goods and services with the financial ability to pay, representing real market activity rather than latent desire.
Effective demand
300
High tech companies in Silicon Valley and research triangle in North Carolina, & Texas have developed because of investors willing to put their money into a companies stock. It is called this.
Investment capital
300
a raw material or agricultural product which can be bought and sold. oil, cobalt, gold/diamonds, coffee, sugar, bananas, for example.
What is a commodity?
300
Maternal mortality rate and this other component which tracks the rate of which 15-19 year old girls are having children make up the 2 components of reproductive health of women in a country.
What is adolescent birth rate?
400
Economic unions, free trade areas, common markets enhancing competition, growth, and economic integration is the objective of these regional organizations. Mercosur, ASEAN, USMCA, APEC
Unlike supranational organization these are strictly economic.
Trading blocs
400
Iran, Saudi Arabia, and Venezuela are all members of this supranational organization which focuses on their massive exports of oil.
What is OPEC organization of petroleum exporting countries?
400
This area unit best approximates data representing a city neighborhood size. The smallest area gathered from this survey on population and demographics.
What is a census tract?
400
The indices of empowerment for women track these two components: one relates to women holding political office the other is related to women in college.
What is percentage of women in parliament/government and % of women 25 and over with some secondary education.
500
If a financial crisis creates a chain reaction effect across markets around the world; this scale would be most appropriate to analyze the total economic damage.
What is global?
500
It used to be called NAFTA, but now it's called this. We trade a lot with our amigos to the south and friends to the north, ay.
What is United States Mexico Agreement (USMCA)
500
Fostering globalization and free trade. Their goal is to increase incomes and lift people out of poverty.
World Trade Organization (WTO)?