Geography 322 - Geography of Latin America » Spring 2019 » Quiz 5 Economic and Geopolitical Vulnerabilities and Opportunities

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Question #1
Examining the history of economic development in Central America and the Caribbean reveals that:
A.   Political independence for these countries completely altered their economic dependence
B.   After World War II, foreign loans rapidly accelerated local development
C.   The US was the first country to develop a plantation economy in the region
D.   since the 1980s, the role of governments has shifted toward subsidizing export-oriented investors
Question #2
For many years, ACP (Africa-Caribbean-Pacific) countries were guaranteed a market for bananas and other commodities from former colonizers, providing them a form of economic stability.
A.   FALSE
B.   TRUE
Question #3
The Banana Wars:
A.   created more plantation jobs in Eastern Caribbean islands such as Dominica
B.   resulted in large profits for Latin America's banana companies
C.   resulted in strong export demand for Ecuador, Colombia, and Central America
D.   primarily benefitted former British colonies
Question #4
Which of the following is LEAST characteristic of economic shifts in Central America and the Caribbean since the 1980s?
A.   increased export of winter fruits
B.   increased tourism and other international services
C.   decreased food imports to the region
D.   increased subcontracting to foreign firms
Question #5
Since the mid 1990s, maquila employment in Central America and the Caribbean has skyrocketed to meet the demands of US consumers.
A.   TRUE
B.   FALSE
Question #6
Offshore services in Central America and the Caribbean: 
A.   are limited to banking and online gambling
B.   benefit by crises in the US such as the Iraq War and 9/11
C.   are increasingly regulated since 9/11
D.   went against advice in the 1990s from the World Bank
Question #7
Remittances:
A.   are almost entirely spent on investment
B.   lead to overall economic development
C.   is heavily regulated and controlled by governments
D.   provide more revenue for Mexico than oil
Question #8
Maquiladoras:
A.   are located only in Mexico
B.   assemble goods primarily for export
C.   employ an equal number of men and women
Question #9
Sustainable Development:
A.   can be achieved through mass tourism
B.   is incompatible with neoliberalism
C.   is no longer a goal for countries of the region
D.   are likely to emerge in indebted states such as those in Central America
Question #10
In terms of trade relationships, which of the following is most accurate?,,
A.   Brazil trades more with the US than China
B.   Countries of Central America and the Caribbean are now significantly less trade dependent than they were in the past
C.   Latin America exports more to China than it imports
D.   The US exports more to Latin America than to China

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