GAIC: Second Partial Review (October 18)

These are all the questions from the quizes. You may use them as a guide when you study, but do not ignore the other parts of the subjects we saw in class.

1.       In the context of economic integration, what is a customs union?

2.       What is a monetary union?

3.       What type of assistance does the International Monetary Fund generally provide to governments?

4.       What does the word “economical” mean?

5.       Is the European Union a political union? Justify your answer.

6.       Explain the difference between the terms “economics” and “economy”.

7.       Is the North American Free Trade Agreement a monetary union? Justify your answer.

8.       Has the United Kingdom officially left the European Union after its Brexit vote? Justify your answer.

9.       Explain the function of money as a medium of exchange.

10.   What is the Gross Domestic Product of a country?

11.   According to Margot Robbie in The Big Short, what is a subprime loan?

12.   Why is nutrition an important factor in economic development?

13.   How is poverty different when it is measured as income and as capabilities?

14.   Is there a logical framework surrounding the design of Prospera? Explain your answer.

15.   Explain the difference between nationality and ethnicity.

16.   Is there racism in Mexico? Justify your answer.

17.   What is a “feminicidio”?

18.   What are some economic issues caused by discrimination against LGBT people?

19.   List three characteristics of Mexico’s physical geography, and three characteristics of Mexico’s human geography.

20.   How does human geography come into play in the Ukraine conflict? Justify your answer.

21.   Why is access to public bathrooms such a prominent issue in American politics?