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.   Countries of Central America and the Caribbean have become less and less trade dependent via neoliberal economics
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.   Latin America exports more manufactured goods to China than it imports
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.   After World War II, foreign loans rapidly accelerated local development
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.   TRUE
B.   FALSE
Question #4
The Banana Wars:
A.   primarily benefitted former British colonies
B.   created more plantation jobs in Eastern Caribbean islands such as Dominica
C.   resulted in large profits for Latin America's banana companies
D.   resulted in strong export demand for Ecuador, Colombia, and Central America
Question #5
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 subcontracting to foreign firms
C.   decreased food imports to the region
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 increasingly regulated since 9/11
C.   benefit by crises in the US such as the Iraq War and 9/11
D.   are limited to banking and online gambling
Question #8
Remittances:
A.   provide more revenue for Mexico than oil
B.   lead to overall economic development
C.   is heavily regulated and controlled by governments
D.   are almost entirely spent on investment
Question #9
Maquiladoras:
A.   employ an equal number of men and women
B.   are located only in Mexico
C.   assemble goods primarily for export
Question #10
Sustainable Development:
A.   is no longer a goal for countries of the region
B.   can be achieved through mass tourism
C.   are likely to emerge in indebted states such as those in Central America
D.   is incompatible with neoliberalism

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