INTLSTD 101- EXAM 1 QUESTIONS AND
ANSWERS
hyperglobalist - Answer -boundaries between states will not exist and more
connections will lead to prosperity (e.g. Friedman)
skeptics - Answer -wealthy western countries will continue to drive globalization
as it always has (e.g. americanization)
transformationalist - Answer -globalization will create both positive and negative
effects- unpredictable and does not have 1 single cause. nation states will not be
important bc of international orgs
time-space compression - Answer -technology makes distance less important and
activities accelerate but communities are limited and enhanced knowledge may
cause conflict
disembedding - Answer -something is removed from singular, tangible, and local
context to abstract/virtual state (e.g. virtual tour, google docs) but authorship and
originality are at stake
accommodation - Answer -places accommodate cultural flows if they are
perceived as advantageous to them (flow of cultural products)
, resistance - Answer -places resist cultural flows if perceived as dangerous (flow of
cultural products)
hybridity - Answer -cultures become mixed/combined w diff traditions (not
existing side by side)
International Monetary Fund (IMF) - Answer -an institution established in 1944
(after WWII and Depression) that provides loans and facilitates international
monetary exchange (markets left alone to regulate themselves)- From Bretton
Woods Conference
International Bank for Reconstruction and Development (IBRD) - Answer -world's
biggest bank dedicated to development, policy advice, etc. administers grants and
loans to economies devastated by war (primarily European countries)- From
Bretton Woods Conference
General Agreement of Tariffs and Trade (GATT) - Answer -fair rules of trade
(World Trade Org (WTO) created later)- From Bretton Woods Conference
Cultural Apporpriation - Answer -disrespectful, stereotypical- borrowers benefit
from something for which oppressed people are punished (not mixing,
borrowing/taking)
Gini Coefficient - Answer -A measure of income inequality within a population (0=
total equality, 1=total inequality)
ANSWERS
hyperglobalist - Answer -boundaries between states will not exist and more
connections will lead to prosperity (e.g. Friedman)
skeptics - Answer -wealthy western countries will continue to drive globalization
as it always has (e.g. americanization)
transformationalist - Answer -globalization will create both positive and negative
effects- unpredictable and does not have 1 single cause. nation states will not be
important bc of international orgs
time-space compression - Answer -technology makes distance less important and
activities accelerate but communities are limited and enhanced knowledge may
cause conflict
disembedding - Answer -something is removed from singular, tangible, and local
context to abstract/virtual state (e.g. virtual tour, google docs) but authorship and
originality are at stake
accommodation - Answer -places accommodate cultural flows if they are
perceived as advantageous to them (flow of cultural products)
, resistance - Answer -places resist cultural flows if perceived as dangerous (flow of
cultural products)
hybridity - Answer -cultures become mixed/combined w diff traditions (not
existing side by side)
International Monetary Fund (IMF) - Answer -an institution established in 1944
(after WWII and Depression) that provides loans and facilitates international
monetary exchange (markets left alone to regulate themselves)- From Bretton
Woods Conference
International Bank for Reconstruction and Development (IBRD) - Answer -world's
biggest bank dedicated to development, policy advice, etc. administers grants and
loans to economies devastated by war (primarily European countries)- From
Bretton Woods Conference
General Agreement of Tariffs and Trade (GATT) - Answer -fair rules of trade
(World Trade Org (WTO) created later)- From Bretton Woods Conference
Cultural Apporpriation - Answer -disrespectful, stereotypical- borrowers benefit
from something for which oppressed people are punished (not mixing,
borrowing/taking)
Gini Coefficient - Answer -A measure of income inequality within a population (0=
total equality, 1=total inequality)
