Global Economic Challenges: Master International Economic Issues

Question 1

Which factor significantly contributes to global inequality?

Accepted Answer

Unequal access to education and healthcare

Answer

Protectionist trade policies

Answer

Geopolitical tensions

Answer

Natural disasters

Question 2

Which of the following is NOT a major global economic challenge facing the world today?

Accepted Answer

Technological advancement

Answer

Poverty

Answer

Inequality

Answer

Climate change

Question 3

Which of the following is a defining feature of poverty traps?

Accepted Answer

They are extremely difficult to escape, even with external assistance

Answer

They are primarily caused by external factors beyond a country's control

Answer

They can be easily overcome through education and training

Answer

They are only found in developing countries

Question 4

How has the COVID-19 pandemic affected global economic inequality?

Accepted Answer

It has exacerbated existing inequalities within and between countries

Answer

It has reduced economic inequality within countries

Answer

It has had a negligible impact on global inequality

Answer

It has improved economic inequality overall

Question 5

What is the main goal of the Sustainable Development Goals (SDGs)?

Accepted Answer

To eradicate poverty and inequality

Answer

To promote peace and security

Answer

To protect the environment

Answer

To ensure quality education for all

Question 6

Which of the following is a key indicator of economic inequality?

Accepted Answer

Gini coefficient

Answer

Human Development Index

Answer

Gross Domestic Product (GDP)

Answer

Inflation rate

Question 7

Which of the following is **most likely** NOT a major cause of poverty in developing countries?

Accepted Answer

Cultural values that emphasize individualism and personal responsibility

Answer

Lack of access to education and healthcare

Answer

Political instability

Answer

Natural disasters

Question 8

Which of the following is a **direct** consequence of growing inequality?

Accepted Answer

Social unrest and political instability

Answer

Reduced economic growth

Answer

Environmental degradation

Answer

Technological innovation

Question 9

Which of the following **best** describes the primary challenge posed by climate change for international relations?

Accepted Answer

Exacerbation of conflict and instability

Answer

Displacement of populations due to rising sea levels

Answer

Increased competition for resources

Answer

Disruption of global trade and transportation

Question 10

Which of the following major global economic challenges is NOT addressed in this unit?

Accepted Answer

Global health

Answer

Poverty

Answer

Inequality

Answer

Climate change

Question 11

The Gini coefficient is an index commonly used to measure:

Accepted Answer

Economic inequality

Answer

Poverty

Answer

Climate change impacts

Answer

Conflict intensity

Question 12

The Millennium Development Goals (MDGs) adopted by the United Nations in 2000 were succeeded by the:

Accepted Answer

Sustainable Development Goals

Answer

Global Development Goals

Answer

Human Development Goals

Answer

International Development Goals

Question 13

What was the primary Millennium Development Goal (MDG) target related to poverty?

Accepted Answer

Eradicate extreme poverty and hunger

Answer

Achieve universal primary education

Answer

Promote gender equality and women's empowerment

Answer

Ensure environmental sustainability

Question 14

Which economic system is characterized by private ownership of property and free market competition?

Accepted Answer

Capitalism

Answer

Socialism

Answer

Communism

Answer

Planned economy

Question 15

What is the term for a situation where a country has an unfavorable balance of trade?

Accepted Answer

Trade deficit

Answer

Trade surplus

Answer

Current account surplus

Answer

Current account deficit

Question 16

Which of the following is NOT considered a significant global economic challenge?

Accepted Answer

Artificial intelligence

Answer

Poverty

Answer

Inequality

Answer

Climate change

Question 17

Define the primary characteristic of poverty.

Accepted Answer

Absence of access to vital necessities

Answer

Elevated educational attainment

Answer

Stable political climate

Answer

Flourishing economic indicators

Question 18

Suggest a potential solution for tackling global poverty.

Accepted Answer

Foster inclusive economic growth

Answer

Increased foreign aid

Answer

Implement restrictive immigration policies

Answer

Reduce access to education

Question 19

Identify the primary challenge developing countries face in addressing climate change.

Accepted Answer

Limited financial resources

Answer

Unstable political systems

Answer

Advanced technological capabilities

Answer

Low levels of environmental awareness

Question 20

Indicate the key indicator used to measure economic inequality.

Accepted Answer

Gini coefficient

Answer

GDP per capita

Answer

Human Development Index

Answer

Corruption Perception Index

Question 21

Which of the following is a major contributor to climate change?

Accepted Answer

Fossil fuel combustion

Answer

Deforestation

Answer

Overpopulation

Answer

Industrialization

Question 22

According to the unit's content, the primary cause of global poverty is primarily attributed to:

Accepted Answer

Insufficient access to quality education and healthcare

Answer

Lack of political will and corruption

Answer

Climate change and natural disasters

Answer

Overpopulation and resource scarcity

Question 23

Which of the following is a fundamental principle of sustainable development?

Accepted Answer

Meeting the needs of the present without compromising the ability of future generations to meet their own needs

Answer

Prioritizing economic growth and industrialization over environmental protection

Answer

Using resources at a rate that can be replenished naturally

Answer

Exploiting natural resources for short-term economic gain without regard for future consequences

Question 24

The concept of global interdependence, as discussed in the unit, suggests that:

Accepted Answer

The actions of one country can have significant impacts on other countries

Answer

All countries have equal power and influence in the global economy

Answer

Developing countries are solely responsible for addressing their own economic challenges

Answer

Global economic challenges can be solved through unilateral action by individual countries

Question 25

Which of the following factors is NOT a key determinant of global poverty?

Accepted Answer

High economic growth

Answer

Weak governance

Answer

Limited access to education

Answer

Insufficient healthcare

Question 26

Which potential consequence of climate change on the global economy is NOT included in the following list?

Accepted Answer

Improved health outcomes

Answer

Reduced agricultural productivity

Answer

Increased flooding and natural disasters

Answer

Disruptions to supply chains

Question 27

Identify the major global economic challenge NOT highlighted in this unit's study:

Accepted Answer

War

Answer

Poverty

Answer

Inequality

Answer

Climate change

Question 28

Among the following international organizations, which one plays a significant role in addressing global economic inequality?

Accepted Answer

United Nations Development Programme

Answer

World Bank

Answer

International Monetary Fund

Answer

North Atlantic Treaty Organization

Question 29

Which international organization plays a key role in addressing poverty?

Accepted Answer

World Bank

Answer

International Monetary Fund

Answer

European Union

Answer

World Trade Organization

Question 30

Which of the following is NOT a key global economic challenge facing the world today?

Accepted Answer

Technological advancement

Answer

Poverty

Answer

Inequality

Answer

Environmental degradation

Question 31

Which of the following is NOT a major global economic challenge facing the world today?

Accepted Answer

Rapid population growth

Answer

Poverty

Answer

Inequality

Answer

Climate change

Question 32

Which concept is central to understanding the devastating effects of poverty on individuals and societies?

Accepted Answer

Social exclusion

Answer

Human capital

Answer

Income redistribution

Answer

Fiscal policy

Question 33

Which of the following is NOT considered a major global economic challenge?

Accepted Answer

Unemployment

Answer

Poverty

Answer

Inequality

Question 34

According to the World Bank, what is the definition of extreme poverty?

Accepted Answer

Living on less than $1.90 per day

Answer

Living on less than $2 per day

Answer

Living on less than $3 per day

Answer

Living on less than $4 per day

Question 35

Which international organization plays a significant role in addressing global poverty?

Accepted Answer

United Nations Development Programme (UNDP)

Answer

World Trade Organization (WTO)

Answer

International Monetary Fund (IMF)

Answer

North Atlantic Treaty Organization (NATO)

Question 36

Which economic theory emphasizes free markets and limited government intervention?

Accepted Answer

Classical liberalism

Answer

Keynesianism

Answer

Marxism

Answer

Social democracy

Question 37

How does globalization impact the distribution of wealth and income?

Accepted Answer

It has both positive and negative effects on inequality.

Answer

It increases inequality within countries.

Answer

It reduces inequality between countries.

Answer

It has no significant impact on inequality.