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Exam 20: Global Issues and Globalization

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Question 1

Multiple Choice

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Which of the following is not mentioned as a result of the World Bank and the International Monetary Fund?

A) Harmed rather than helped development of Third World countries.
B) Made poorer countries unable to compete.
C) Led to international terrorism.
D) Drove local banks out of business.

E) A) and B)
F) All of the above

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C

Question 2

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According to free market capitalism,free markets lead to all of the following except

A) Reduction in nationalism.
B) Free minds.
C) Political liberty.
D) Democracy.

E) B) and D)
F) All of the above

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Question 3

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Which ethical theory is closest to Peter Singer's when it comes to famine relief?

The gap between rich and poor nations has greatly narrowed over the last 3 decades.

As of 2011,about how large was the world's human population,and about how long will it take to add another billion?

Describe one positive effort of the World Bank and IMF and one negative aspect.

What does Franz Fanon argue to be the cause of poverty in his work,The Wretched of the Earth?

According to Franz Fanon,what is the cause of poverty in many of the world's poorest countries?

One of the ways to evaluate ethically the policies of the IMF and World Bank is whether they have done more good than harm or the opposite.

Technological advancements are

One significant difference between matters of charity and matters of justice is that the former is more flexible or optional than the latter.

Among the indicators of economic development of a country are standard of living,life expectancy,and literacy.

Self interest rationales for helping develop poorer countries include all the following except

It is clear that globalization has contributed more to stability and peace than to dissention and conflict around the world.

According to Peter Singer,helping people in famine ridden countries and areas is a matter of charity not obligation or duty.

Use the two concepts of justice,the process view and the end state view,to discuss the ethical problem of economic justice on a world wide level.

Which of the following Nobel Prize winners argues that persistent problems in developing nations have been the result of "textbook economic reasoning" and ideological support of strict capitalism by international financial institutions such as the World Bank?