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Activity 1

Authored by CZARINA TAN

English

University

Used 16+ times

Activity 1
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is an ongoing process that involves interconnected changes in the economic, cultural, social, and political spheres of society.

Globalization

Market Integration

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The level wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area

Standard of living

Quality of life

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The period of time over which an item is developed, brought to market and eventually removed from the world market

Product life cycle

Product cycle

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are institutions that provide financial support and professional advice for economic and social development activities in developing countries and promote international economic cooperation and stability.

United Nations (UN)

International Financial Institutions (IFIs)

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All IFIs admit only sovereign countries as owner-members, but all are characterized by a broad country membership, including both borrowing developing countries and developed donor countries.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A condition characterized by severe deprivation of basic human needs including food, safe drinking water, sanitation facilities, health, shelter, education and information

extreme poverty

hunger

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the process of increasing interdependence of world economies as a result of the growing scale of cross-boarder trade of commodities and services (cited in Shangquan,20000)

Economic Globalization

Market Integration

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