(Related to the previous question…) If area B is .5 (again, using same graph as in lecture) then we know we are in a world of: 

Assume we are looking at a linear Lorenz curve. From this we know that: 

The financial sector has become more globalized. There is more capital flowing across borders. But, the developing world has yet to become that involved in this…we are still primarily seeing this activity between industrialized countries. 

A linear Lorenz curve shows a situation where income is divided: 

Unfortunately, data suggests that access to the global marketplace at this point has been primarily limited to just the developed world. 

What term did the Globalization and Covid video use to describe the pattern of Globalization? 

Thailand funded its programs mainly with funds donated from developed nations. 

The Globalization and Covid video focused on the clothing industry. According to the video, why was the clothing industry hit so hard? CHECK ALL THAT APPLY. 

Upon arrival, which of the following were confiscated from Lisa Ling’s group?  

The United States has had a complete embargo on Burma that just ended at the time the presentation on Burma was recorded. At that point, the US had resumed trade with Burma.