Globalisation review quiz year 9

A company that operates in many countries all around the world is known as a?

• Trinational corporation

• Multinational/transnational corporation

• Quad national corporation

• international corporation

Which of these is not an example of a negative of globalisation

• Environmental damage

• Exploitation of workers

• Free trade agreements

• Can cause job loss

Which of these answers is not an example of a positive of globalisation

• Access to new cultures

• Increased competition

• Economic growth

• Cheaper goods and services

What could a negative of cheaper goods and service be?

Answer explanation

Cheaper goods and services can stem from the exploitation of workers in poorer countries around the world. Therefore, it can be argued that these cheaper goods and services (positive) of globalisation is caused by one of the negatives of globalisation.

Globalisation has removed 1.1 billion (35% of the world) people from poverty since 1990.

• True

• False

Name two examples of the negative influence of Nike factories in Indonesia.

Answer explanation

Exploitation of workers ($1.25 a day). Intimidation of workers and unions (Juliano the union organiser). Environmental damage (burning the rubber and other parts of the shoes in the towns where the workers live).

Explain how cheaper goods and services that are a result of globalisation can be both positive and negative.

What are two benefits of fair trade?

Define globalisation

• Lacoste

• Westpac

• Mastercard

• Bank west