Globalization

What is the development of a global, or worldwide society? In a global society, people, money, information, and goods flow fairly freely across national borders.

• Free Trade

• Demographics

• Globalization

• Economic Interdependence

Globalization has led to a rapid increase in which of the following

• Water stress

• international trade

• transboundary pollution

• population density

Which term describes a business that has operations all over the world?

• trade bloc

• common market

• micro-enterprise

• multinational corporation

Which country is a major center of sneaker design?

• Brazil

• Saudi Arabia

• Taiwan

• United States

Which country is a major producer of synthetic rubber?

• Brazil

• Saudi Arabia

• Taiwan

• United States

A company in Mexico ships fruit to the United States for sale without paying tariffs. This is an example of which of the following?

• free trade

• vertical trade

• subsistence agriculture

• comparative advantage

China looks to Japan for foreign investment and technology. Japanese consumers buy many goods made in China. This is an example of

• ethnic diversity

• sustainable development

• supranational cooperation

• economic interdependence

The circle graphs below show where foreign investment went in two different years.

Which region of the world received the most foreign investment in 1914?

• Africa

• Asia

• Europe

• Latin America

According to the graphs above, which region more than doubled its percentage of foreign investment between 1914 and 2007?

• Africa

• Canada

• Europe

• United States

Examine the travel time graph. About how many hours did it take a sailing ship to travel around the world in 1500?

• 20,000 hours

• 17,500 hours

• 15,000 hours

• 10,000 hours