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

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Question #1
In terms of trade relationships, which of the following is most accurate?
A.   Latin America exports more manufactured goods to China than it imports
B.   Countries of Central America and the Caribbean have become less and less trade dependent via neoliberal economics
C.   Brazil trades more with the US than Asia
D.   Only a few Latin American and Caribbean countries export more to the US than they import from it.
Question #2
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 #3
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 #4
The Banana Wars:
A.   resulted in large profits for Latin America's banana companies
B.   created more plantation jobs in Eastern Caribbean islands such as Dominica
C.   resulted in strong export demand for Ecuador, Colombia, and Central America
D.   primarily benefitted former British colonies
Question #5
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 subcontracting to foreign firms
D.   increased export of winter fruits
Question #6
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 #7
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.   went against advice in the 1990s from the World Bank
D.   are increasingly regulated since 9/11
Question #8
Remittances:
A.   is heavily regulated and controlled by governments
B.   lead to overall economic development
C.   are almost entirely spent on investment
D.   provide more revenue for Mexico than oil
Question #9
Maquiladoras:
A.   employ an equal number of men and women
B.   assemble goods primarily for export
C.   are located only in Mexico
Question #10
Sustainable Development:
A.   is no longer a goal for countries of the region
B.   can be achieved through mass tourism
C.   is incompatible with neoliberalism
D.   are likely to emerge in indebted states such as those in Central America

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