Unit 4 Power, places and networks: Global power and flows
14 revision questions with answers for Unit 4 Power, places and networks: Global power and flows, marked HL. Read them here, or play the set as a class game on the projector. Free to host, and students join with a code.
Swiss measure ranking countries by economic, social and political globalisation?
- KOF IndexRight answer
- Gini coefficient
- Human Development Index
- Corruption Perceptions Index
What this set covers
How power and connections shape the global economy is the theme. The KOF Index, soft, hard and smart power, world systems theory, transnational corporations, FDI, offshoring, outsourcing, reshoring, supply chains, the IMF and the WTO appear.
- Common mix-up
- Students often confuse offshoring and outsourcing: offshoring moves a firm's own production abroad, while outsourcing hands work to an external company, which may be at home or overseas.
- Revision tip
- Explain one product's global supply chain using FDI, offshoring and reshoring, then separately say what the IMF does that the WTO does not.
All 14 questions and answers
Swiss measure ranking countries by economic, social and political globalisation?
Answer: KOF Index
Influence through cultural attraction and values rather than force or payment?
Answer: Soft power
Influence through military force and economic coercion?
Answer: Hard power
Strategic combination of coercion and attraction in foreign policy?
Answer: Smart power
Wallerstein's division of the globe into core, semi-periphery and periphery?
Answer: World systems theory
Company operating in more than one country, often through worldwide production networks?
Answer: Transnational corporation
Capital spent by a firm building or buying factories and businesses abroad?
Answer: Foreign direct investment
Concessional aid from governments, with a UN target of 0.7% of donors' GNI?
Answer: Official development assistance
Relocating a company's own production to another country, usually to cut costs?
Answer: Offshoring
Contracting work to an external company rather than doing it in-house?
Answer: Outsourcing
Bringing previously relocated production back to the home country?
Answer: Reshoring
Linked stages of production spread across many countries to make one product?
Answer: Global supply chain
International organisation lending to countries facing balance-of-payments crises?
Answer: IMF
Body that sets the rules of international commerce and settles disputes between members?
Answer: WTO
Play it as a class game
Play this set opens it in splycr, where you can host it for your class straight away. Hosting needs no account: put the room code on the projector, and students join from a phone with the code and their first name. Each question plays as multiple choice, and the three wrong options were written for that question.