Lesson 2.2.1.3
2.2.1.3 What are the issues associated with unequal flows of international trade? Quiz: OCR Geography, Unit 4
20 questions
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Lesson 2.2.1.3, What are the issues associated with unequal flows of international trade?: 20 multiple choice questions for the OCR Geography (H481), Unit 4: Global Connections, written with Revision Ninja.
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The 20 questions
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Which economic model describes core regions driving global trade while peripheral regions exert minimal influence?
- Concentric zone model
- Demographic transition model
- Core-periphery model
- Rostow growth model
-
What major challenge faces LIDCs reliant on exporting a single raw commodity?
- Debt forgiveness
- Trade surplus
- Hyperinflation
- Price volatility
-
Which trade agreement issue occurs when core economies impose high taxes on processed import goods?
- Free trade
- Quota removal
- Tariff escalation
- Import substitution
-
What financial issue occurs when a country's import costs consistently exceed its export earnings?
- Capital flight
- Foreign reserve boost
- Trade deficit
- Trade surplus
-
How do core Advanced Countries (ACs) primarily dominate international trade negotiations?
- Greater bargaining power
- Absolute neutrality
- Unilateral disarmament
- Equal voting rights
-
Which opportunity helps Low-Income Developing Countries (LIDCs) reduce their reliance on single primary exports?
- Primary product specialisation
- Currency devaluation
- Import restriction
- Economic diversification
-
What condition describes LIDCs relying disproportionately on core AC economies for trade and investment?
- Equal partnership
- Perfect competition
- Interdependence asymmetry
- Trade autarky
-
Which organisation sets multilateral rules for global trade but often favours powerful core nations?
- World Health Organisation
- International Red Cross
- International Monetary Fund
- World Trade Organisation
-
An LIDC exports raw cocoa beans but imports finished chocolate bars. What concept does this illustrate?
- High tariff protection
- Economic autarky
- Bilateral trade balance
- Low value-added exports
-
What structural barrier limits LIDC access to agricultural markets in core regions like the EU?
- Import subsidies
- Free movement
- Currency unions
- Trade embargoes
-
Which political challenge in LIDCs can be worsened by volatile earnings from unequal trade?
- Administrative efficiency
- Political instability
- Democratic consolidation
- Regional integration
-
What happens to a nation's terms of trade if export prices fall while import prices rise?
- Equalisation
- Rapid improvement
- Stagnation
- Deterioration
-
An AC experiences long-term manufacturing job losses due to cheaper imports from EDCs. What is this process?
- Deindustrialisation
- Reurbanisation
- Hyperindustrialisation
- Commercial isolation
-
Which non-tariff barrier requires imported goods to meet strict safety and environmental rules set by ACs?
- Import duties
- Export bounties
- Quantitative quotas
- Technical standards
-
Why do peripheral LIDCs struggle to negotiate favourable trade terms with powerful regional trading blocs?
- Surplus capital reserves
- Excessive military power
- Weak negotiating capacity
- Dominated market share
-
What positive economic outcome can sustained participation in global trade bring to Advanced Countries?
- Sustained economic growth
- Structural unemployment
- Depleted national reserves
- High price inflation
-
How do agricultural protectionist policies in ACs directly affect LIDC farmers?
- Eliminating freight costs
- Undercut market prices
- Double export earnings
- Guaranteed purchasing
-
If Country A exports goods worth £5 billion and imports goods worth £8 billion, what is its net trade balance?
- £13 billion deficit
- £3 billion surplus
- £3 billion deficit
- £13 billion surplus
-
Which factor allows core ACs to maintain control over global supply chains?
- Primitive infrastructure
- Ownership of TNCs
- Small domestic markets
- Reliance on aid
-
What social issue in LIDCs can widen due to trade profits concentrated in foreign-owned export sectors?
- Universal healthcare
- Gender parity
- Income inequality
- Social mobility
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