Y12 Globalisation Quiz 2

Increasingly, countries are grouping together as members of trading blocs. What do trading blocs promote?

• increased taxes

• free trade

• blocking trade

• increased migration

What's the definition of Globalisation?

• Where companies demand goods from suppliers very quickly

• The growth and spread of goods and ideas on a global scale

• A product or service that is fashioned to its area

• Countries which group together to improve their economy

Which organisations were established at the 1944 Bretton Woods Conference in the USA. (select 2)

• The World Bank

• The International Monetary Fund

• The World Trade Organisation

What are subsidies?

• Grants given by trade organisations to increase the profitability of key industries

• Increasing taxes to increase the profitability of key industries

• Producing goods and exploiting economies of scale to increase the profitability of key industries

• Grants given by governments to increase the profitability of key industries

By 2015, the UK was the _______ largest recipient of Foreign Direst Investment in the world.

• second

• fourth

• sixth

• eighth

the BRICS countries are made up of India, South Africa, _______ and ________ (select the other two)

• Brazil

• Britain

• Canada

• China

Since Ghana gained independence in 1957, three factors have dictated global cocoa prices. Select the option which is NOT one of these factors.

• Commodity Traders

• Overseas Tariffs

• Economies of Scale

• Unequal Power

What is a TNC?

• Transnational Company

• Transnational Corporation

• Transnational Community

• Transnational Country

In 2016 the top 200 TNC's accounted for ___% of the world's economic activity. What is the percentage?

• 10%

• 18%

• 25%

• 30%

Three factors have led to the spread of globalisation. What were these three factors? (select one of the following answers)

• Motive, Means, Mobitilty

• Motive, Money, Mobility

• Means, Money, Manufacturing

• Mobility, Money, Means