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Unit 7 Vocab
Quiz by Brian Gallagher
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56 questions
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- Q1A process involving the clustering or concentrating of people or activities. The term often refers to manufacturing plants and businesses that benefit from close proximity because they share skilled-labor pools and technological and financial amenities.Agglomeration30s
- Q2South Korea, Singapore, Taiwan, and the then-British colony of Hong Kong: first countries to adopt the international trade alternativeAsian Tiger Countries30s
- Q3A location where transfer is possible from one mode of transportation to anotherBreak-of-Bulk Point30s
- Q4An economy that relies on the export of primary commodities for a large share of its export earnings and hence economic growthcommodity dependence30s
- Q5the ability of an individual, a firm, or a country to produce a good or service at a lower opportunity cost than competitorsComparative Advantage30s
- Q6when two regions through an exchange of commodities can specifically satisfy each others demandsComplementarity30s
- Q7According to world systems theory, the most advanced industrial countries, which take the lion's share of profits in the world economic system.Core Countries30s
- Q8a model of economic and social development that explains global inequality in terms of the historical exploitation of poor nations by rich onesDependency Theory30s
- Q9a proportionate saving in costs gained by an increased level of production.Economies of Scale30s
- Q10A form of tourism that supports the conservation and sustainable development of ecologically unique areasEcotourism30s
- Q11a measure of inequalities between men's and women's opportunities in a countryEmpowerment Measures30s
- Q12Zones established by many countries in the periphery and semi-periphery where governments offer favorable tax, regulatory, and trade arrangements to attract foreign trade and investmentExport Processing Zones30s
- Q13All work-related activities that provide income and are regulated by government agencies.Formal Economy30s
- Q14pacts between two countries or among a group of countries that make it easier to trade goods across national boundaries by reducing or eliminating restrictions on exports and tariffs ( or taxes) on imported goods and protecting intellectual property rights.Free Trade Agreements30s
- Q15An indicator constructed by the U.N. to measure the extent of each country's gender inequality in terms of reproductive health, empowerment, and the labor market.Gender Inequality Index30s