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.   Only a few Latin American and Caribbean countries export more to the US than they import from it.
C.   Brazil trades more with the US than Asia
D.   Countries of Central America and the Caribbean have become less and less trade dependent via neoliberal economics
Question #2
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.   since the 1980s, the role of governments has shifted toward subsidizing export-oriented investors
D.   The US was the first country to develop a plantation economy in the region
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 strong export demand for Ecuador, Colombia, and Central America
B.   resulted in large profits for Latin America's banana companies
C.   created more plantation jobs in Eastern Caribbean islands such as Dominica
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 subcontracting to foreign firms
B.   increased tourism and other international services
C.   increased export of winter fruits
D.   decreased food imports to the region
Question #6
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 #7
Offshore services in Central America and the Caribbean: 
A.   benefit by crises in the US such as the Iraq War and 9/11
B.   went against advice in the 1990s from the World Bank
C.   are increasingly regulated since 9/11
D.   are limited to banking and online gambling
Question #8
Remittances:
A.   lead to overall economic development
B.   provide more revenue for Mexico than oil
C.   is heavily regulated and controlled by governments
D.   are almost entirely spent on investment
Question #9
Maquiladoras:
A.   assemble goods primarily for export
B.   employ an equal number of men and women
C.   are located only in Mexico
Question #10
Sustainable Development:
A.   is no longer a goal for countries of the region
B.   are likely to emerge in indebted states such as those in Central America
C.   can be achieved through mass tourism
D.   is incompatible with neoliberalism

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