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