Question 1

Remittances are particularly valuable to many Global South countries because the money is typically spent immediately on basics such as food, clothing, housing, and education.

Accepted Answer

Remittances are often used for immediate necessities, making them especially valuable to countries in the Global South that may struggle with poverty and lack of access to these basic needs.

Question 2

The Second World consisted of the Soviet Union, its allies, and countries committed to planned economic policies.

Accepted Answer

The Second World referred to the bloc of countries that were led by the Soviet Union and shared a commitment to socialism and planned economies. This included the Soviet Union and its allies such as Eastern European countries, as well as other countries that were not formally aligned with the Soviet Union but still pursued socialist economic policies.

Question 3

Banco del Sur was created by G-77 members to fund major infrastructure projects without Global North interference.

Accepted Answer

Banco del Sur was established in 2007 by seven G-77 countries, including Venezuela, Argentina, Brazil, Ecuador, Bolivia, Paraguay, and Uruguay. The main purpose of the bank was to fund major infrastructure projects in the region, free from Global North interference.

Question 4

The less-developed countries are primarily located in the Global South.

Accepted Answer

The term "Global South" refers to countries located in the southern hemisphere, which are often less developed or less wealthy than countries in the northern hemisphere. Many of these countries are located in Africa, Asia, and Latin America.

Question 5

The Group of 77 was an assemblage of the world's wealthiest countries that wanted to cut ties with the Global South and pursue development through import-led industrialization in their New International Economic Order (NIEO).

Accepted Answer

The Group of 77 was actually an alliance of 77 developing countries that formed in 1964 to promote their collective economic interests in the face of colonialism and neo-colonialism. They advocated for a New International Economic Order that would address issues such as trade, debt, and technology transfer on more equitable terms. They did not seek to cut ties with the Global South or pursue import-led industrialization.

Question 6

A realist would argue that European powers colonized the Global South for self-interest, trying to gain resources and power to improve their standing in the world.

Accepted Answer

Realism is a theoretical approach to international relations that prioritizes the pursuit of power and self-interest for states. As such, a realist perspective would argue that European powers colonized the Global South for their own benefit, rather than any moral or altruistic reasons.

Question 7

President Woodrow Wilson was a firm believer in the idea of self-determination for all people.

Accepted Answer

President Woodrow Wilson was a strong advocate for the principle of self-determination, which emphasized the right of all people to choose their own political destiny and form their own governments. He articulated this idea in his Fourteen Points speech in 1918, which played a significant role in shaping the post-World War I settlement and the establishment of new nation-states.

Question 8

Free trade agreements are emerging in areas all over the globe, including Central American, Southeast Asia, and Sub-Saharan Africa.

Accepted Answer

Free trade agreements have indeed emerged in various regions including Central American, Southeast Asia, and Sub-Saharan Africa.

Question 9

Mercantilism is the economic philosophy advocating free markets, free trade, and little government intervention.

Accepted Answer

Mercantilism is actually an economic philosophy that emphasizes government intervention and regulation, as well as protecting national industries and maximizing exports while minimizing imports.

Question 10

A business enterprise headquartered in one state that invests and operates extensively in other states is known as an intergovernmental organization.

Accepted Answer

A business enterprise headquartered in one state that invests and operates extensively in other states is known as a multinational corporation, not an intergovernmental organization.

Question 11

Laissez-faire economics emphasizes the need to accumulate gold and silver, and to conquer foreign territory to ensure state security.

Accepted Answer

Laissez-faire economics is a free-market economic system that emphasizes individual rights and limited government intervention in the economy. It does not necessarily advocate for the accumulation of gold and silver or conquest of foreign territory.

Question 12

Many twentieth-century ideas on the rights of colonies focused on self-determination and decolonization, even though this period had many instances of conflict.

Accepted Answer

This statement is true. Many movements for independence and decolonization occurred in the twentieth century, despite ongoing conflict in some areas.

Question 13

By the year 1914 Europe had regained control of roughly one-fourth of the globe.

Accepted Answer

By 1914, European powers had control over approximately 84% of the globe, largely due to colonial empires.

Question 14

Possession of oil has allowed some Global South nations to achieve a standard of living that rivals those of some Global North countries.

Accepted Answer

This statement is true. Countries like Saudi Arabia, Kuwait, and Qatar have been able to achieve a high standard of living due to their possession of significant oil reserves. However, it is important to note that not all Global South countries with oil reserves have been able to benefit equally, as factors such as political instability and corruption can hinder economic development.

Question 15

The strategy of export-led industrialization concentrates on developing domestic export industries capable of competing in overseas markets.

Accepted Answer

The statement accurately describes the focus of the strategy of export-led industrialization.

Question 16

Import-substitution industrialization is an economic development strategy that involves replacing imported goods with those produced domestically in order to encourage domestic growth.

Accepted Answer

Import-substitution industrialization aims to promote domestic industry and decrease reliance on imported goods.

Question 17

One popular way that scholars describe the inequalities between the rich states and poor states is by dividing the planet into the Global East and the Global West.

Accepted Answer

Scholars typically use terms like "Global North" and "Global South" to describe global inequalities, rather than "Global East" and "Global West."

Question 18

More than 90 percent of conflicts and casualties in the past sixty years have occurred in the Global North.

Accepted Answer

More than 90 percent of conflicts and casualties in the past sixty years have occurred in the Global South.

Question 19

Dualism benefits developing countries because its goal is to make sure both urban and rural sectors equally benefit from development by multinational corporations.

Accepted Answer

Dualism refers to the coexistence of two separate economic sectors within a country, typically the modern urban sector and the traditional rural sector, which often leads to unequal development rather than equal benefits.

Question 20

The success of industrialization in the Global East challenges earlier ethnocentric assumptions.

Accepted Answer

The success of industrialization in the Global East, particularly in countries like China and Japan, challenges earlier ethnocentric assumptions that Western countries were superior in terms of technological and economic development.

Quiz 5: World Politics and the Global South