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INTLSTD 101 UMich Exam Questions and Answers
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INTLSTD 101 UMich Exam Questions and Answers
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INTLSTD 101 UMich Exam Questionsand Answers
According to McCormick, what are the four important qualities of global studies? Name
andexplain them (8 points)
Transnational - focusing on ideas, issues, events that cross state boundaries
Integral - examining different aspects of the world are shaped and affected by each other
Inclusive - considering perspectives from different people, countries and regions
Interdisciplinary - drawing from a range of academic disciplines when looking at global issues
Name and explain any four facts about the world as 100 people that McCormick mentions in
thetextbook (8 points)
There is an even split between men and women
Asians dominate - 61 asians; 15 africans; 13 Americans; 11 Europeans
The community is aging - from better health care and nutrition people are living longer
Unequal access to education - higher education is a privilege to a small minority
Name and explain the three metrics used to determine whether a country is core, periphery,
orsemi-periphery (12 points).
GDP per capita - total Gross Domestic Product, or economic production divided by the
population, good at comparing between countries but does not show inequality within a
country
Location of and number and health of the world's billionaires - if billionaires reside and work in
a specific country, and the wealth concentration in the hands of billionaires
Location of the world's largest corporations - where the most powerful and most successful
corporations are located, mapping the biggest 500 companies in the world, the location of
them and the size of their profits.
Name and explain any four of the nine of the global trends that McCormick argues helped
definethe new global system (8 points).
ECONOMICS - Relative decline of the North, and emergence of the South, against a background
of expanding global markets
, POLITICS - Changes in the balance of power, and questions about the future of democracy
CULTURE - The globalization of culture, which may be leading to homogenization or
hybridization
TECHNOLOGY - Rapid changes in the wake of the digital revolution, with implications for
society, business and communication.
What is the technical division of labor? How is it different from the social division of labor?Give
an example for each kind of division of labor (8 points)
The technical division of labor is a separation of the labor process of a given commodity into
several specialized labor tasks with each task performed by a single individual.This is different
from the social division of labor as the social division of labor is a separation of the labor
process that apportions all the labor tasks involved in making a given commodity to a single
individual, instead of having multiple individuals focus on certain parts. An example of technical
division of labor is a factory that makes different parts, such as a pin factory. An example of a
social division of labor is a cobbler making every part of the shoe.
Name and explain any two of the three features of a multinational corporation's operations
andgive an example for each while explaining its degree of geographical flexibility (12 points)
Control and coordination makes sure that multinational coporations operations stay with in
global and national regulations. This is usually found in the core
Research and development ensures that the company has an edge on the competition by
innovating and experimenting. For example, Ford testing out new chassis designs at a mid-
Michigan factory. This is also largely geographically flexible but most of the R&D happens in the
economic core like the US and Western Europe. Core and semi-periphery
Production Operations -- manufacturing the actual product, marketing the sale of said product
and then distributing the product. This includes building a Toyota Camry in Georgetown,
Kentucky, marketing it with an ad firm in Chicago, then distributing it on a ship from Florida to
Brazil. Lots of manufacturing, however, ends up happening in the periphery though it can occur
in all three. Highest geographic flexibility.
Define what "foreign direct investment" is. Define the two different kinds of foreign
directinvestment and give an example for each one (10 points)
Foreign direct investment is when one country makes an investment in an asset in another
country with controlling ownership over it. Two different kinds of foreign direct investment are
the Brownfield FDI which is when a corporation invests in a foreign corporation and gains a
controlling interest in it. An example is when Facebook invested in an Indian owned company
called Jio and ended up gaining control of it. Another kind of foreign direct investment is
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