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Indicate whether the statement is true or false.
1. Farm subsidies in the United States were originally intended to help farmers hurt by the Great Depression.
a. True
b. False
2. 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.
a. True
b. False
3. The gap between rich and poor nations has greatly narrowed over the last 3 decades.
a. True
b. False
4. The terms ‘respatialization’ and ‘deterritorialization’ refer to the same thing.
a. True
b. False
5. One significant difference between matters of charity and matters of justice is that the former is more flexible or
optional than the latter.
a. True
b. False
6. According to Peter Singer, helping people in famine stricken countries is a matter of charity not obligation or duty.
a. True
b. False
7. It is clear that globalization has contributed more to stability and peace than to dissention and conflict around the world.
a. True
b. False
8. Among the indicators of economic development of a country are standard of living, life expectancy, and literacy.
a. True
b. False
9. The International Monetary Fund and the World Bank often make loans to developing countries contingent on those
countries eliminating subsidies for their exports.
a. True
b. False
10. The terms ‘offshoring’ and ‘outsourcing’ refer to the same thing.
a. True
b. False
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Indicate the answer choice that best completes the statement or answers the question.
11. Technological advancements are
a. Benefiting all nations.
b. Increasing the economic disparity between rich and poor nations.
c. Leaving the economic health of nations about the same.
d. Especially benefiting poor nations.
12. According to Franz Fanon, what is the cause of poverty in many of the world’s poorest countries?
a. Democracy.
b. Corruption.
c. Colonialism.
d. Communism.
13. Which ethical theory is closest to Peter Singer’s when it comes to famine relief?
a. Utilitarian.
b. Kantian.
c. Nonconsequentalist.
d. Deontologism.
14. 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?
a. Barack Obama.
b. Jimmy Carter.
c. Joseph Stiglitz.
d. Elie Wiesel.
15. 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.
16. 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.
17. Self-interest rationales for helping develop poorer countries include all the following except
a. Creating markets for our products.
b. Creating opportunity for indigenous peoples.
c. Reduce terrorism.
d. Preserve the environment.
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18. As of 2011, about how large was the world’s human population, and about how long will it take to add another
billion?
a. 4.2 billion; expected to reach 5 billion by 2020.
b. 7 billion; expected to reach 8 billion by 2025.
c. 1 billion; expected to reach 2 billion in a decade.
d. 10 billion; expected to reach 11 billion by 2050.
Indicate one or more answer choices that best complete the statement or answer the question.
19. Which moral approach is reflected in the “rush to the bottom” argument against offshoring?
a. Kantianism
b. Natural law theory
c. Utilitarianism
d. Relativism
20. Which type of moral approach is best reflected in the argument for globalization that claims processes of globalization
have increased people’s understanding and sympathy for other people, while fostering tolerance, respect, and concern for
human equality?
a. Kantianism
b. Utilitarianism
c. Egoism
d. Relativism
21. Which of the following is NOT among Jan Scholte’s five different interpretations of globalization?
a. Westernization
b. Universalization
c. Internationalization
d. Colonialism
22. Which of the following refers to the fact that in a globalized world “social space is no longer wholly mapped in terms
of territorial places. . . and borders?”
a. respatialization
b. colonialism
c. internationalization
d. liberalization
23. Which of the following is NOT an international financial institution?
a. The International Monetary Fund.
b. The Federal Reserve System.
c. The World Bank.
d. The G20.
24. The G20 represents the financial interest of nations that account for about _____________ of world trade.
a. 30%
b. 50%
c. 60%
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d. 80%
25. How might colonialism be related to today’s problem of global poverty? Discuss Fanon’s answer to this question.
What is D’Souza’s assessment of colonialism?
26. Discuss the ethical problem of global economic justice from both the process and the end state points of view. Assess
the adequacy of both views: what, if anything, does each view suggest should be done to address global economic
inequality. Do you agree with either view (why or why not)?
27. Explain Hardin’s lifeboat ethics. How is it related to his view of famine relief? Discuss how his notion of the tragedy
of the commons is related.
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Answer Key
1. True
2. True
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