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.   Brazil trades more with the US than Asia
C.   Only a few Latin American and Caribbean countries export more to the US than they import from it.
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.   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.   After World War II, foreign loans rapidly accelerated local development
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.   TRUE
B.   FALSE
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.   primarily benefitted former British colonies
D.   created more plantation jobs in Eastern Caribbean islands such as Dominica
Question #5
Which of the following is LEAST characteristic of economic shifts in Central America and the Caribbean since the 1980s?
A.   decreased food imports to the region
B.   increased subcontracting to foreign firms
C.   increased export of winter fruits
D.   increased tourism and other international services
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.   went against advice in the 1990s from the World Bank
B.   are limited to banking and online gambling
C.   are increasingly regulated since 9/11
D.   benefit by crises in the US such as the Iraq War and 9/11
Question #8
Remittances:
A.   are almost entirely spent on investment
B.   provide more revenue for Mexico than oil
C.   is heavily regulated and controlled by governments
D.   lead to overall economic development
Question #9
Maquiladoras:
A.   are located only in Mexico
B.   assemble goods primarily for export
C.   employ an equal number of men and women
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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