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.   Political independence for these countries completely altered their economic dependence
D.   The US was the first country to develop a plantation economy in the region
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.   primarily benefitted former British colonies
C.   created more plantation jobs in Eastern Caribbean islands such as Dominica
D.   resulted in strong export demand for Ecuador, Colombia, and Central America
Question #4
Which of the following is LEAST characteristic of economic shifts in Central America and the Caribbean since the 1980s?
A.   increased tourism and other international services
B.   decreased food imports to the region
C.   increased export of winter fruits
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.   FALSE
B.   TRUE
Question #6
Offshore services in Central America and the Caribbean: 
A.   are increasingly regulated since 9/11
B.   benefit by crises in the US such as the Iraq War and 9/11
C.   are limited to banking and online gambling
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.   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.   is incompatible with neoliberalism
B.   is no longer a goal for countries of the region
C.   are likely to emerge in indebted states such as those in Central America
D.   can be achieved through mass tourism
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.   The US exports more to Latin America than to China
C.   Latin America exports more to China than it imports
D.   Brazil trades more with the US than China

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