Superpowers Key Terms 1

What are assets?

• Items which have economic value and may generate income in the future

• Items that are only used for decoration

• Items that have no value

• Items that are always liabilities

Which organization is made up of ten Southeast Asian nations to encourage cooperation and economic growth?

• Association of Southeast Asian Nations (ASEAN)

• European Union (EU)

• North Atlantic Treaty Organization (NATO)

• United Nations (UN)

What is the Australia, New Zealand and United States Security Treaty (ANZUS)?

• A 1951 security agreement for military cooperation in the Pacific and beyond

• A trade agreement between Australia and New Zealand

• A cultural exchange program

• An economic union in Southeast Asia

Which countries are included in the term "BRICs"?

• Brazil, Russia, India, China, and South Africa

• Britain, Russia, Italy, China, and Spain

• Belgium, Romania, India, Canada, and Sweden

• Brazil, Rwanda, Indonesia, Chile, and Singapore

Which concept explains why some countries remain poor due to their reliance on developed nations?

• Dependency theory

• Bi-polar

• BRICs

• Austerity

If a country takes over another territory by force, what is this process called?

• Colonialism

• Culture

• Consumer goods

• Austerity

Which of the following best illustrates the concept of culture?

• Traditional festivals and social customs of a community

• The economic value of a company

• A military alliance

• A government spending policy

What is the main purpose of the G20?

• To bring together developed and developing countries to discuss key economic issues

• To regulate international sports competitions

• To manage global environmental policies

• To oversee world health initiatives

What is meant by global reach?

• The extent of the geographical distance that is influenced by a product or activity

• The number of countries in a trade agreement

• The size of a country's population

• The amount of natural resources a country has

Which of the following is an example of hard power?

• Imposing economic sanctions on another country

• Hosting a cultural festival

• Sending humanitarian aid

• Signing a peace treaty