Impacts of globalisation - Quiz 2

Which three of the following are often regarded as characterising globalisation?

• Increasing space

• Shrinking space

• Shrinking time

• Disappearing borders

• Increasing freedom

International governmental organisations such as the WTO are:

• Key players in global governance

• Irrelevant to global governance

• Irrelevant in a world dominated by states

• Always bring about improved justice and equality

Which of the following statements about the WTO is untrue:

• The WTO was formed to promote world trade

• The WTO aims to remove barriers to trade between countries

• The WTO can stop any unfair trade practices

• All countries that join in the WTO must sign an agreement to obey its trade rules

Which of the following stakeholders are generally NOT opposed to globalisation?

• Trade unionists

• Environmentalists

• TNC's

• Anti-poverty campaigners

Which of the following is an example of global interdependence? Select all those that apply.

• Consumers rely on producers for their needs while producers rely on consumers for revenue

• China is dependent on the USA as an importer of its products while the USA is dependent on China for manufacturing operations.

• Smaller companies are dependent on larger companies for survival

• Brazil is dependent on USA for food

Which of the following are the main drivers of globalisation (select all that apply):

• Technology (eg TV, internet, social media)

• Transport (quick and cheap)

• TNC's (eg McDonalds and Nike)

• Low cost goods

A negative impact of globalisation is:

• Foreign currency brought to LIC's

• Jobs created in LICs

• Jobs lost in MICs

• Better access to trading markets

Globalisation is good because of an ________________ in standard of living , but is bad because there is a _____________ in local cultures and traditions

• increase / decrease

• decrease / increase

• increase / increase

• decrease / decrease

Globalisation has led to improvement in living conditions (tick all that apply):

• of all people

• of people in developed countries

• of workers in developing countries

• none of the above

True or False: Globalisation can lead to some foreign cultural influences becoming more dominant, thus reducing the influence of local cultures.

• True

• False