Commerce and Trade 2022/1

What is the main sector that will be affected by Globalization 4.0?

• Global supply chain

• Sharing economy

• Services

• Financial services

What's the name of the index used to measure the level of globalization?

• Globe index

• KOF index

• LOG index

• GLB index

The most globalised country from those listed here, as measured by the overall KOF index, is...

• China

• USA

• Netherlands

• Germany

The abreviation VUCA means...

• Virtuality, unsecurity, complexity, amicability

• Vastness, unpredictability, creativity, ambiguity

• Volatility, unity, chaos, amplification

• Volatility, uncertainty, complexity and ambiguity

Which is NOT a consequence of globalization?

• Cross-border migration

• All of these are consequences of globalization

• Blending of cultures

• Standardization of various kinds

Mark the true statement!

• Commerce and trade are synonyms.

• Commerce includes trade.

• Trade includes commerce.

• None of these are true.