Ethics Chapter 20

19 January 2023
4.9 (158 reviews)
18 test answers

Unlock all answers in this set

Unlock answers (14)
question
The International Monetary Fund and the World Bank often make loans to developing countries contingent on those countries eliminating subsidies for their exports.​
answer
True
question
Among the indicators of economic development of a country are standard of living, life expectancy, and literacy.
answer
True
question
The terms 'offshoring' and 'outsourcing' refer to the same thing.​
answer
False
question
According to Peter Singer, helping people in famine stricken countries is a matter of charity not obligation or duty.
answer
False
question
It is clear that globalization has contributed more to stability and peace than to dissention and conflict around the world.
answer
False
question
Self-interest rationales for helping develop poorer countries include all the following except
answer
Creating opportunity for indigenous peoples.
question
According to free market capitalism, free markets lead to all of the following except
answer
Reduction in nationalism.
question
Technological advancements are
answer
Increasing the economic disparity between rich and poor nations.
question
According to Franz Fanon, what is the cause of poverty in many of the world's poorest countries?
answer
Colonialism
question
Which of the following is not mentioned as a result of the World Bank and the International Monetary Fund?
answer
Led to international terrorism.
question
One significant difference between matters of charity and matters of justice is that the former is more flexible or optional than the latter.
answer
True
question
Which ethical theory is closest to Peter Singer's when it comes to famine relief?
answer
Utilitarian.
question
One of the ways to evaluate ethically the policies of the IMF and World Bank is whether they have done more good than harm or the opposite.
answer
True
question
The terms 'respatialization' and 'deterritorialization' refer to the same thing.​
answer
True
question
Farm subsidies in the United States were originally intended to help farmers hurt by the Great Depression.​
answer
True
question
Which of the following Nobel Prize winners argues that persistent problems in developing nations have been the result of "textbook economic reasoning" and ideological support of strict capitalism by international financial institutions such as the World Bank?
answer
Joseph Stiglitz
question
The gap between rich and poor nations has greatly narrowed over the last 3 decades.
answer
False
question
As of 2011, about how large was the world's human population, and about how long will it take to add another billion?
answer
7 billion; expected to reach 8 billion by 2025.