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1. The United States has one of the highest standards of living in
the world. Which region of the world includes the most countries with a similar standard
of living? (Africa, Asia, Europe, South America, or The Middle East)
2. True or False: Countries that are classified as First World tend to have the lowest
gross domestic product per capita (GDP/CAP).
3. Countries in _____ appear to have, overall, the lowest levels of inequality. (Africa,
Asia, Europe, or South America)
4. True or False: Countries with low GDP per capita tend to have relatively
more inequality than countries with high GDP per capita.
5. Locate the world Rankings for external debt and GDP/Capita for the following countries:
|
Country
|
Debt Ranking
|
GDP/Capita Ranking
|
| |
|
|
| Australia |
|
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| Brazil |
|
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| France |
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| India |
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6. Which of the above are likely to have the most difficulties paying their external
debt and why?
7. True or False: Since 1980 the prices of primary goods have increased by
more than 100 percent.
8. Since 1980, the prices of manufactured goods have _____.
a. increased, but by less than 10 percent.
b. increased by almost 70 percent.
c. decreased by nearly 50 percent.
d. been extremely volatile, but have returned to their 1980 levels.
9. True or False: If the objectives are to improve standards of living and
to generate income to pay external debt, poor countries should concentrate primarily
on the export of primary rather than manufactured goods.
10. True or False: Since 1980 the amount of annual aid provided by the United
States has declined.
11. What key event in 1989 helps to explain the change in foreign aid that occurred
in that year?
12. True or False: The majority of Americans support increases in foreign aid.
13. How might aid be used to help a country achieve its foreign policy objectives?
14. In 1994, foreign direct investment in poor countries was approximately _____ billion
dollars. (29, 41, 55, or 84)
15. True or False: Foreign direct investment in poor countries has declined
over the last two decades.
16. What percent of people across the world either "strongly agree" or "agree"
that imports should be restricted to protect their national economies?
%
17. Find the following countries to locate their Rankings for world GDP and Exports.
|
Country
|
GDP Ranking
|
Exports Ranking
|
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|
|
| United States |
|
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| Canada |
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| Germany |
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| Japan |
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18. Based on the examples above, it appears that each country’s GDP Rank is _____
than its exports Ranking. (much higher than, much lower than, or about the same as)
19. Now let’s explore some other examples. Locate the Rankings for both gross domestic
product and exports for Brazil and China.
|
Country
|
GDP Ranking
|
Exports
|
| |
|
|
| China |
|
|
| Brazil |
|
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20. What might explain the differences in the Rankings for China and Brazil, on the
one hand, and Canada, Germany, Japan, and the United States, on the other?
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