Unit assessment review(globalization/Asia case study)

In less developed nations, globalization may cause what benefit?

• More stable government

• Standard of living

• A lower tax base for the government

• All of the above

A tax or duty on foreign goods is called?

• Tariff

• Convergence

• Diffusion

• Itemization

An agreement between governments where trade barriers are removed.

• Embargo

• Trade bloc

• Standard of living

China is a communist nation but economically is benefits because of?

• It's citizens are forced to work very hard by the govenrment

• The government controls all aspects of life

• Because President Xi is in leadership for life

• Free Trade Zones/ Special Economic Zones

Which of the following is reason Western nations outsource jobs?

• To get rid of American and British manufacturing jobs

• To strengthen the economy of foreign nations

• To give charity to other nations

• The cost of cheap labor is more profitable

The "Silk Road" is an example of? (more than one may be correct)

• Cultural diffusion

• Cultural divergence

• Early globalization

• All of the above

Many Western companies take advantage of Asia due to _.

One of the places where is evident is in _ where laborers work.

The example of SARS, COVID-19 and Ebola are of which globalization example?

• Technology

• Economic

• Culture

• Health

This image is of?

• China

• Vietnam

• India

• Phillipines

The image of the nation in red is?

• China

• Japan

• Korea

• Mongolia