Globalization 1

Globalization 1

11th - 12th Grade

15 Qs

quiz-placeholder

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Globalization 1

Globalization 1

Assessment

Quiz

Business, Social Studies

11th - 12th Grade

Hard

Created by

Harold Ott

Used 42+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GATT stands for

Global Association of Trading Treaties

General Agreement on Tariffs and Trade

Global Agreement on Trade and Treaties

Global Association on Trade and Tariffs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The successor to GATT is

the WTO

the IMF

the World Bank

the UN

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The IMF and the World Bank were created...

in 1944 by 44 nations.

in 1934 by 98 nations.

in 1945 by 51 nations.

in 1921 by 12 nations.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current number of member states of the United Nations (as of August 2020)?

201

197

193

187

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Drivers of globalization include all of the following except...

declining trade barriers

knowledge exchange

technological changes

international agreements such as the GNC

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The approximate value of global foreign exchange transactions per day is approximately...

500 billion (USD)

1 trillion (USD)

5 trillion (USD)

12 trillion (USD)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The approximate value of goods and services traded globally every year (WTO 2018 report) is...

19 trillion (USD)

27 trillion (USD)

6 trillion (USD)

67 trillion (USD)

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