AP AP Trade, Resources & Economic Geography 2

Question 1

Weber's Least Cost Theory of industrial location argues that factories locate where:

Accepted Answer

The combination of transportation, labor, and agglomeration costs is minimized

Answer

Labor costs are cheapest globally

Answer

Markets are largest

Answer

Government subsidies are greatest

Question 2

Agglomeration economies occur when:

Accepted Answer

Businesses cluster together and benefit from shared infrastructure and labor pools

Answer

A single firm dominates an entire market

Answer

Governments merge economic planning with urban policy

Answer

Trade agreements eliminate all tariffs between regions

Question 3

The term 'deindustrialization' refers to:

Accepted Answer

The decline of manufacturing in a region as jobs shift to services or move overseas

Answer

Building new factories in rural areas

Answer

Converting agricultural land to industrial use

Answer

Replacing human workers with robots in factories

Question 4

Just-in-time (JIT) manufacturing primarily relies on:

Accepted Answer

Efficient supply chains delivering parts exactly when needed to reduce storage costs

Answer

Large warehouses storing excess inventory

Answer

Vertically integrated firms that own all production stages

Answer

Government-managed supply allocation

Question 5

Footloose industries are those that:

Accepted Answer

Have significant freedom in choosing location because they are not tied to resources or markets

Answer

Must locate near raw material sources

Answer

Require coastal or river access for shipping

Answer

Depend on seasonal agricultural inputs

Question 6

The concept of 'maquiladoras' refers to:

Accepted Answer

Foreign-owned assembly plants in Mexico that import materials duty-free and export finished goods

Answer

Mexican government-owned factories producing for domestic markets

Answer

Agricultural cooperatives along the US-Mexico border

Answer

Joint US-Mexico environmental protection zones