AnswersW Geography_B_ICChallenges Facing the Modern Urban Space

Westernization and Commoditization Answers

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Providing financial assistance for smaller nations’ economic negotiating teams and increasing the bargaining powers of these nations __________.

A
is one way MNCs force smaller economies to allow international investments
B
increases the influence of external economies
C
is a method that core economies have used to increase their market share
D
is one strategy the WTO has used to deflect criticism of its policies
4

If the United States government were to regulate its financial structures, including banks and businesses, which of the following criteria of a capitalist economy would it violate?

A
Consumer interests affect capitalism.
B
Prices and wages are set by supply and demand.
C
Privately owned resources are used to make a profit.
D
Government involvement in businesses and markets must be limited.
5

Many international cultures are becoming westernized. Which of the following scenarios would best symbolize the effect of this process on indigenous cultures?

A
a pot boiling on the stove
B
a scale tipping heavily in one direction
C
children sharing their toys
D
money earning interest in a bank
6

What role do teenagers play in the westernization of the world?

A
Teens are one of the biggest groups of consumers.
B
Teens seek an education to further their opportunities.
C
Teens use sports to advance their nation's economic success.
D
Teens interact with WTO officials to impact tariff and trade barriers.
8

Which of the following is not a way in which MNCs typically promote economic growth within a host country?

A
They create jobs.
B
They always provide retirement and other benefits.
C
They often provide training to local workers for increased productivity and efficiency.
D
They often provide higher wages to their employees than domestic firms in the host country.
9

Which four principles does the United Nations Global Compact for multinational corporations address?

A
the distribution of power, tariffs, trade barriers, and negotiation
B
human rights, labor standards, the environment, and anti-corruption
C
sanctions, compensation, the environment, and human rights
D
tariffs, trade standards, the environment, and compensation
10

Which of the following professions is most similar to an MNC?

A
a classroom teacher who informs students of new information
B
a manager of a local business that provides goods and services to the immediate community
C
a traveling salesperson with business offices in different cities and countries
D
a homemaker who organizes the home for his/her family

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