Globalisation and the economy

Global Media is a ______ Type of Globalisation

• Environmental
• Political
• Economic
• Social

Stock markets are a ___ type of globalization

• Political
• Economic
• Historical
• Social

Which of the following are benefits of international trade?

• acquiring goods that you do not produce yourself
• the ability to sell your goods to others for a profit
• the ability to specialize production of certain goods in your country
• all of the above are benefits 

Mc Donald's  is an example of a multinational corporation.

• true
• false

Is the spread of religion over human history an example of globalisation?

• True

• False

Importing goods is:

• The sale of goods to another country

• Beneficial to a country's economy

• The buying of goods from another country

• The movement of people around the globe

Rapid integration and connection between countries is known as

• Liberalisation

• Investment

• Globalisation

• Interrelation

Investments made by MNCs are termed as:

• Indigenous investment

• Foreign investment

• Entrepreneur’s investment

• None of the above

Which of the following is not a feature of a Multi-National Company?

• It owns/controls production in more than one nation.

• It employs labour only from its own country.

• It organises production in complex ways.

• It sets up factories where it is close to the marke

“MNCs keep in mind certain factors before setting up production”. Identify the incorrect option from the choices given below

• Availability of cheap skilled and unskilled labour

• Proximity to markets

• Presence of a large number of local competitors

• Favourable government policies