Globalisation Geography IB

Which of the following is an advantage of globalisation?

• Over-reliance on FDI

• Interconnected world due to improved transport

• TNCs create barriers to entry

• Property rights of people in LEDCs may be transgressed by TNCs

The growing interdependence of countries worldwide through the increasing volume and variety of cross-border transactions in goods and services and of international capital flows, and through the more rapid and widespread diffusion of capital

• Internationalism

• Glocalisation

• Globalisation

• Disneyfication

When TNCs adapt their products to suit the local market place e.g. McDonald in India won't sell beef and in the Middle East they won't sell pork because of the religious beliefs of locals

• Global village

• Nationalism

• Cultural diversity

• Glocalisation

What does FDI stand for?

• First development index

• Favourable development investment

• Foreign diversity index

• Foreign direct investment

Which country was a rival superpower to the USA until the 1990s?

• UK

• Mexico

• Germany

• Soviet Union

What is the GNI per capital of China now?

• about US$60 000

• about US$16 000

• about US$6 000

• about US$1600

Which organisation was not founded to help create peace and economic stability after World War 2?

• League of Nations

• World Bank

• International Monetary Fund

• United Nations

Which is a disadvantage of globalisation?

• MNCs are sometimes more powerful than governments

• investment by transnational companies - improves economy and provides jobs

• Tax rates pushed down to attract FDI

• MNCs often repatriate profits

Which type of countries are often the most globalised?

• Large HICs

• Large LICs

• Small Lics

• Small HICs

Which country is among the least globalised at present?

• Mexico

• Kenya

• North Korea

• UAE