globalisation

GLOBALIZATION

Objective: To be able to give a short definition of Globalization, orally, and using vocabulary and information given in the class.

VOCABULARY

• GOODS

• BORDERS

• MARKET/ TRADE

• INVESTMENT

• INTERCONNECTEDNESS

• INTERDEPENDENCE

• PEOPLES

Multiple Choice

In summary, what is the best definition of Globalisation?

• Globalisation is the best process that helps poor people have more jobs and goods are cheaper.

• Globalisation is a process that involves different areas and intercommunicates people and countries.

• Globalisation is a political and economic process in which presidents of different countries get goods and business.

Multiple Select

Which of the following is NOT an International Business?

• Amazon

• Apple

• Local News Agent

Multiple Select

Which of the following are high-income countries?

• The USA, Canada and the UK

• Ukraine, Vietnam and India

• Ethiopia, Syria and North Korea

Multiple Select

Which of the following are middle-income countries?

• The USA, Canada and the UK

• Ukraine, Vietnam and India

• Ethiopia, Syria and North Korea

Multiple Select

Which of the following are low income countries?

• The USA, Canada and the UK

• Ukraine, Vietnam and India

• Ethiopia, Syria and North Korea

Multiple Choice

What does TNC stand for?

• Trans national corporations

• Trade nations conference

• Trans national countries

• Trial national cooperations

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

Which one of the following is a characteristic of globalisation

• Low levels of labour migration

• The development of global brands

• A decrease in foreign direct investment

• A reduction in out-sourcing and off-shoring of production

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

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

A logo is a picture that makes you remember a brand?

• False

• True

Multiple Choice

One advantage of globalisation is...

• It helps people to learn new languages

• It is a way of sharing ideas and experiencing new cultures

• It means you will definitely get more money

Multiple Choice

One disadvantage of globalisation is...

• There is no way of guaranteeing that the wealth will help the developing country

• You won't be able to communicate with the workers in a different country

• Your brand will always get tarnished

Multiple Choice

E-commerce means...

• Buying and selling from a globalised business

• Buying and selling of goods from the high street

• Buying and selling of goods online

Multiple Choice

Bringing goods in from another country to sell.

• import

• export

Multiple Choice

What are some negatives of globalization?

• Workers are exploited in sweatshops

• Pollution and deforestation

• Low wages for factory workers in Asia and Africa

• All of the answers are correct

Multiple Choice

What are some positives of globalization?

• Cheap sneakers and clothes

• Cheap electronics

• Information is easy to access and it travels quickly (internet and social media)

• All of the answers are correct

Multiple Choice

The comparative advantage encouraged by the globalization, brings these effects to the society:

• Promotes economic growth

• Lowers prices of goods and services

• Makes production more efficient

• All of the above

Multiple Choice

Those who benefit most are:

• the poorer countries

• the wealthy countries

• Caribbean countries

• All benefit alike

Multiple Choice

One disadvantage of globalisation:

• There is free movement of capital and goods

• Consumers can only buy with cash

• Prices of goods will rise

• consumers may be tempted to overspend