Globalization Introduction

Why are economic, environmental, social and political issues are no longer limited to the national level according to this document?

• Because the world has become interdependent

• Because of globalization

• Because nations do not exist anymore

• Because economic, environmental, social and political issues are over

How much has the average price of a phone call from New York to London decreased since 1930?

• 99%

• 56%

• 48%

• 13%

What are the main causes of the globalization process?

• The creation of international and regional organizations

• Modern communication and mass media has become global standard

• The development of new means of transportation

• The remove of trade barriers

What invention has dramatically changed transportation of goods in the world in the XXth century?

• Container shipping

• UPS

• Fly boats

• Railroads

What is the part of transportation costs in the price of coffee?

• 1%

• 2%

• 10%

• 20%

Globalization has been promoted by…

• Technical improvements

• An evolution of the commercial rules

• The decrease of transportation costs

• The liberalization of international trade

What are the elements which contributed to promote more open markets?

• A decrease of the import tariffs

• A decrease of quotas

• A decrease of the import bans

• A decrease of the borders

What is the most affected area by the globalization process?

• Economy

• Politics

• Culture

• Science

What are the companies looking for when they relocate their production in other countries?

• Low wages

• Soft environmental regulations

• High wages

• Hard environmental regulations

What is the name given to the companies which are producing and selling worldwide?

• Multinational corporations

• MNC

• Global societies

• Global companies