Economic Geography and Globalization Theories Quiz

Test your knowledge on globalization theories, economic development, and geographic factors shaping the world economy. Take the quiz now!

#1

Which of the following is not a characteristic of globalization?

Increased interconnectedness
Decreased flow of goods and services across borders
Increased flow of capital across borders
Increased cultural exchange
#2

Which of the following is a characteristic of a high-income country?

Low GDP per capita
High literacy rates
Limited access to healthcare
High infant mortality rates
#3

Which of the following is an example of a non-renewable resource?

Solar energy
Coal
Wind power
Hydroelectric power
#4

Which organization is responsible for setting international standards for trade, including the resolution of disputes between member countries?

World Trade Organization (WTO)
International Monetary Fund (IMF)
World Bank
United Nations (UN)
#5

Which of the following is a characteristic of a command economy?

Private ownership of resources
Decentralized decision-making
Government control of resources
Laissez-faire approach to economy
#6

Which theory suggests that economic development spreads outwards from core areas to peripheral areas?

World Systems Theory
Dependency Theory
Modernization Theory
Rostow's Stages of Growth
#7

What is the primary driving force behind economic globalization?

Advancements in communication and technology
Government regulations
Cultural homogenization
Decrease in international trade agreements
#8

Which theory emphasizes the idea that economic development in some countries can hinder development in others?

Modernization Theory
Dependency Theory
World Systems Theory
Rostow's Stages of Growth
#9

Which region is known for its significant role in the global financial system, hosting institutions like the International Monetary Fund (IMF) and the World Bank?

Middle East
East Asia
Europe
North America
#10

Which concept refers to the process of goods and services moving across national borders?

Economic integration
Globalization
Localization
Nationalization
#11

Which of the following is NOT an indicator used to measure economic development?

GDP per capita
Human Development Index (HDI)
Gender Inequality Index (GII)
Consumer Price Index (CPI)
#12

Which region is known for its high concentration of maquiladoras, which are factories that import materials and equipment on a duty-free and tariff-free basis for assembly or manufacturing?

Southeast Asia
North America
Europe
South America
#13

According to the Porter's Diamond model, which of the following factors is not part of the competitive advantage of nations?

Factor conditions
Demand conditions
Related and supporting industries
Exchange rate stability
#14

What is the term used to describe the process of outsourcing tasks to a third-party country where labor costs are cheaper?

Deindustrialization
Offshoring
Outsourcing
Global sourcing
#15

According to the 'Flying Geese Paradigm,' which country typically serves as the lead in industrial development while others follow?

China
United States
Japan
India
#16

Which term describes a situation where a country specializes in the production of a particular good or service to gain efficiency?

Comparative advantage
Absolute advantage
Economic diversification
Trade barrier
#17

Which of the following is NOT one of the stages in Rostow's Stages of Economic Growth?

Traditional society
Take-off
Maturity
Industrial revolution

Sign In to view more questions.

Sign InSign Up

Quiz Questions with Answers

Forget wasting time on incorrect answers. We deliver the straight-up correct options, along with clear explanations that solidify your understanding.

Test Your Knowledge

Craft your ideal quiz experience by specifying the number of questions and the difficulty level you desire. Dive in and test your knowledge - we have the perfect quiz waiting for you!

Similar Quizzes

Other Quizzes to Explore