244 i PERIOD 6 Accelerating Global Change and Realignments (c. 1900 to the present)
1. OPEC
(A) is an organization of Middle Eastern
nations
(B) originated after the establishment of the
European Union
(C) was founded after NAFTA
(D) has members in Latin America and Africa
(E) embraced all oil-exporting nations- East Asian nations are noted for the export of all
of the following products EXCEPT
(A) textiles
(B) films
(C) automobiles
(D) heavy industry
(E) electronics - The impact of regional trade on global trade in
the twentieth century was especially noticeable
(A) on plantations during the imperialist age
(B) before and during the Great Depression
(C) after the establishment of NAFTA
(D) during the revolution in Chiapas, Mexico
(E) during the Seattle protest against the WTO
4. The European Union
(A) established a currency used by all its
members
(B) originated with Great Britain
(C) has the same basic purpose as NAFTA
(D) does not adjust tariffs outside the European
community
(E) is a union of northern European nations
5. Which of the following cultures has diffused
most widely during the period 1914 to the
present?
(A) Japanese
(B) Russian
(C) French
(D) British
(E) U.S.
globe, including the Soviet Union and the People’s Republic of China. Industrial sup-
plies continued as a major U.S. export throughout the twentieth century.- In 1994, the North American Free Trade Agreement (NAFTA) went into effect.
NAFTA abolished tariffs between Canada, the United States, and Mexico. Opposition
to NAFTA broke out among Indians in the Mexican state of Chiapas. - In Seattle in 1999, demonstrators protested against the World Trade Organization
(WTO). The WTO was established in 1995 in order to organize world trade. - U.S. trade created a worldwide diffusion of its products and culture. Advertising led to
familiar logos and global recognition of U.S. products.
❯ Rapid Review
Twentieth- and twenty-fi rst-century global economies were so interconnected that a crisis
in one sector affected nearly all regions of the globe. Former colonial economies often
had diffi culty recovering from the production of a plantation cash crop to a diversifi ed
economy. East Asian nations proved fi erce competitors in the export of automobiles,
textiles, and electronics. OPEC oil prices became a major focus of world attention. Mass
consumerism characterized the latter years of the twentieth century and the beginning of
the twenty-fi rst century as U.S. values and products diffused throughout most of the world.❯ Review Questions