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Quiz - Globalization and Trade

Authored by Laura Gamard

Social Studies

12th Grade

Used 6+ times

Quiz - Globalization and Trade
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization has created _________ society.

planet

progress

borderless world

Standard of Living

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (taxes on exports).

Free Trade

Goods

Trade

Supply and Demand

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization is about the interconnectedness of people and businesses across the world.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization is always good.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization has brought economic growth to many developing countries. This has meant jobs for millions of people. It has also increased “_________ ___________” among countries.

imports & exports

multinational corporations

economic interdependence

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization can lift people out of poverty.

True

False

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