
WE_mock_exam_1008
Authored by Tahmasib Alizada
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University
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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the dominant form of production and consumption around the world?
Communism
Fordism
Capitalism
Laissez-faire
Mercantilism
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Consequences of the Industrial Revolution:
all of the above
Creation of an industrial working class
Urbanization
Population effects
Growth of global markets and international trade
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When did the United States displace Britain as the world's leading superpower?
1970s; after the global oil shocks
1870s; with industrial growth following the Civil War
1830s; during an economic recession in Europe
1780s; immediately after the American Revolution
1940s; after World War II
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the principal instruments of globalization in the last 30 years?
GDPs
MNEs
GNPs
UGRs
NGOs
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are TNCs? (These are sometimes referred to as MNEs.)
multi-national companies, they are often headquartered in the developed world
fiber-optic cable networks that link developed countries
transfers of payments from developed countries to lesser developed countries
stock markets around the world, especially in the wealthier countries
media networks that spread cultural ideals from one place to another
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which is TRUE?
FDI causes poverty in the developed and developing world
Western Europe is no longer in the core of the world economy
Import substitution leads to faster economic growth than an export-led approach
The proportion of FDI that core countries are allocating to periphery countries is declining
TNCs (MNEs) are often headquartered in the developing world
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which is NOT TRUE regarding globalization?
Rapid communication fosters this phenomena
It completely destroys unique local diversity
Some people are unable to fully participate in globalization
Much of the world has not benefitted from globalization
The growth of tourism worldwide is a part of it
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