Trade liberalization Globalization

Trade liberalization Globalization

Multiple Choice

What is globalisation?

• The process by which the world is becoming increasingly interconnected.

• The process by which the world is becoming less interconnected.

• The process by which the world is becoming more divided.

Multiple Choice

Which of these factors have influenced globalisation?

• High taxes and investment restrictions.

• Communication systems and the internet.

• Poor standard of living and unemployment.

Multiple Choice

Globalisation is:

• the introduction of the internet to make us closer to others in the world. 
• the breakdown of traditional barriers between nations through technology and transport
• faster travel around the world
• the movement of people and ideas around the world.

Multiple Choice

Due to globalisation local firms do not have to compete with foreign firms.

• TRUE

• FALSE

Multiple Choice

Standard of living is increased due to globalisation.

• TRUE

• FALSE

Multiple Choice

Globalisation is good because of an ________________ in standard of living , but is bad because there is a _____________ in local cultures and traditions

• increase / decrease

• decrease / increase

• increase / increase

• decrease / decrease

Multiple Choice

What are some positive effects of Globalisation ?

• Increased freedom to travel and immigrate,better access to medicine,information, and technology.
• Lower prices for developed countries and low paying jobs in underdeveloped countries
• Less pollution in the world
• All of the above