Globalisation

Globalisation is:

• the introduction of the internet to make us closer to others in the world. 
• the breakdown of traditional barriers between nations through technology and transport
• faster travel around the world
• the movement of people and ideas around the world.

What are some positive effects of Globalisation ?

• Increased freedom to travel and immigrate,better access to medicine,information, and technology.
• Lower prices for developed countries and low paying jobs in underdeveloped countries
• Less pollution in the world
• All of the above

E-Commerce allows you to buy and sell goods on the Internet

• True
• False

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

Which of the following are benefits of international trade?

• acquiring goods that you do not produce yourself
• the ability to sell your goods to others for a profit
• the ability to specialize production of certain goods in your country
• all of the above are benefits 

What are TNCs?

• Trans National Countries

• Trans National Corporations

• Trans National Counties

• Trans Nautical Cruisers

Mc Donald's  is an example of a multinational corporation.

• true
• false

Which of these factors have influenced globalisation?

• High taxes and investment restrictions.

• Communication systems and the internet.

• Poor standard of living and unemployment.