Impacts of globalisation - Quiz 1

Globalisation is the process by which the world is becoming increasingly ________________ as a result of massively increased trade and cultural exchange.

Globalisation has resulted in all of the following except:

• increased international trade

• restricted movement of capital, goods, and services

• greater dependence on the global economy

• a company operating in more than one country

Which of the following is NOT a reason for the rapid growth of globalisation:

• Improvements in transport (eg cargo ships and planes)

• Rapid development in communication technology

• Labour availability and skills

• Rapid dispersal of western culture

What term describes the process of goods being brought into a country:

• Tariffs

• Imports

• Exports

• Supply

All of the following stakeholders benefit from globalisation, except:

• TNCs

• Workers

• MEDC's

• Native languages

Which of the following is an economic benefit of globalisation:

• Wages for low skilled workers

• Spread of culture

• Environmental regulation

• Improved quality of life

Which of these is a social benefit of globalisation:

• Sharing of cultures

• Improved access to trade markets

• Pollution reduction

• Infrastructure upgrades (eg airports)

Global media is classified as which type of globalisation:

• Economic

• Social

• Environmental

• Financial

Which of these is NOT considered a benefit of globalisation:

• Investment by TNC's providing local jobs in LICs

• Increased awareness of global issues such as climate change

• HICs dominating world trade

• TNC's bringing foreign currency to LICs

What is one way that international trade has created new opportunities for impoverished people?

• Farmers can sell their products online

• People can get rid of stuff they don't want anymore.

• TNC can profit from a competitive marketplace

• People can sell their products in a global marketplace.