World Issues --- Economics Test Review

Please remember that test questions are compiled from the following locations:

• textbook
• Class Notes - verbal and/or handouts
• atlas
• class discussions
• all readings
• Macleans magazines
• presentations
• Where in the World?

Test Outline

Part A: Multiple Choice (25 marks). [Knowledge/Understanding]

Part B: Short Answer (15 marks) [Thinking/Inquiry]

Part C: Communication (2 X 4 = 8 marks)

Part D: Application (15 marks)

Items to study:

• Globalization

• Global Trade

• Discovery of the New World

• Imperialism

• Colonialism - political, economic

• Economic Development - Stages, theories (Rostow, Core/Periphery)

• Trade Organizations - WTO, NAFTA, OPEC

• Aid Agencies
  • Governmental - World Bank, CIDA

  • Non-Governmental Organizations - Medecins Sans Frontiers, CARE, Foster Parents Plan

• Multinational corporations

• Trade blocs

• Trade agreements

• protectionism

• tariffs

• economic theories - free trade, mercantilism, socialism, laissez-faire, capitalism

• views of foreign aid-humanitarian, internationalist, nationalist, pragmatic

• level of industries - primary, secondary, tertiary, quaternary, 5th level

• Industrial Revolutions

• Economy and Technology