Globalization- Chapter 32

Americans buy goods from all over the world because of _________________ which means the development of a global, or worldwide, society.

• economic interdependence

• free trade

• globalization

• multinational corporation

A company in Mexico ships fruit to the United States for sale without paying tariffs. This is an example of which of the following?

• economic interdependence

• free trade

• globalization

• multinational corporation

China looks to Japan for foreign investment and technology. Japanese consumers buy many goods made in China. This is an example of:

• economic interdependence

• free trade

• globalization

• multinational corporation

Which region of the world received the most foreign investment in 1914?

• Latin America

• USA

• Europe

• Africa

According to the graphs, which region more than doubled its percentage of foreign investment between 1914 and 2007?

• Latin America

• USA

• Europe

• Canada

LG in an electronic company with different locations all around the world. This makes LG a ____________________________

• profitable business

• scam business

• multinational corporation

• dominant business

Why would LG have a lot of manufacturing plants located in Asia?

• more educated people

• harder workers

• they speak many different languages

• they can pay workers less

What is a benefit for having different locations all over the world?

• creates more pollution

• creates more jobs

• hurts workers

• upsets traditional ways of life

What is one cost of globalization?

• lacks of laws to protect environment

• creates jobs

• maintain good relationships with other countries

• may prevent wars

How long does it take the sneakers to get to America from Asia

• one week

• one month

• two weeks

• two months