GMU IT 304 FINAL EXAM STUDY SET || ALL
SOLUTIONS ARE ACCURATE.
Who is Gordon Brown? correct answers Former Prime Minister of England
Former leader of Labor Party
Former Chancellor of the Exchequer
What does Gordon Brown mean by a "Global Ethic" correct answers Recognizing our
responsibilities to others
The Great Divergence correct answers Increase in inequalities between societies. Incomes rose
sharply in many countries after 1800 but declined in others.
What did the G8 Summit conclude? correct answers The solutions to Africa's problems are found
by increasing aid
How many nations does Africa have? correct answers 53
Professional roles played by Yanis Varoufakis include: correct answers Minister of finance in
Greece and Professor at the University of Texas at Austin
What does Yanis Varoufakis term as "the cosmos"? correct answers Universal global currency
What are the "twin peaks" Yanis Varoufakis refers to in his talk? correct answers High debt and
high idle cash reserves.
, The Cotonou Agreement correct answers African countries can export goods, duty-free, to the
European Union market.
Andrew Mwenda is from___ correct answers Uganda
According to Andrew Mwenda, what does Africa lack that prevents its development? correct
answers Capacity
Governments such as that of Uganda find it more profitable to listen to ____ than its citizens
correct answers International Monetary Fund (IMF) and World Bank
Malthusian Trap correct answers Short term income gains were inevitably lost to population
growth.
The Malthusian Trap, an explanation for socio-economic growth, was proposed by: correct
answers Reverend Thomas Robert Malthus
In which year was the Bretton Woods Conference held? correct answers 1944
The following institutions were formed right after the Second World War correct answers United
Nations, The world bank, WTO
The Industrial Revolution had a profound social effect because of two forces: correct answers 1.
The nature of technological advance
2. The demographic transition
Which 2 countries accounted for 50-60% of the World Economy in 1500 A.D.? correct answers
India and China
SOLUTIONS ARE ACCURATE.
Who is Gordon Brown? correct answers Former Prime Minister of England
Former leader of Labor Party
Former Chancellor of the Exchequer
What does Gordon Brown mean by a "Global Ethic" correct answers Recognizing our
responsibilities to others
The Great Divergence correct answers Increase in inequalities between societies. Incomes rose
sharply in many countries after 1800 but declined in others.
What did the G8 Summit conclude? correct answers The solutions to Africa's problems are found
by increasing aid
How many nations does Africa have? correct answers 53
Professional roles played by Yanis Varoufakis include: correct answers Minister of finance in
Greece and Professor at the University of Texas at Austin
What does Yanis Varoufakis term as "the cosmos"? correct answers Universal global currency
What are the "twin peaks" Yanis Varoufakis refers to in his talk? correct answers High debt and
high idle cash reserves.
, The Cotonou Agreement correct answers African countries can export goods, duty-free, to the
European Union market.
Andrew Mwenda is from___ correct answers Uganda
According to Andrew Mwenda, what does Africa lack that prevents its development? correct
answers Capacity
Governments such as that of Uganda find it more profitable to listen to ____ than its citizens
correct answers International Monetary Fund (IMF) and World Bank
Malthusian Trap correct answers Short term income gains were inevitably lost to population
growth.
The Malthusian Trap, an explanation for socio-economic growth, was proposed by: correct
answers Reverend Thomas Robert Malthus
In which year was the Bretton Woods Conference held? correct answers 1944
The following institutions were formed right after the Second World War correct answers United
Nations, The world bank, WTO
The Industrial Revolution had a profound social effect because of two forces: correct answers 1.
The nature of technological advance
2. The demographic transition
Which 2 countries accounted for 50-60% of the World Economy in 1500 A.D.? correct answers
India and China
