Globalization

Globalization has led to a rapid increase in which of the following?

• Water Stress
• Arithmetic Population Density
• International Trade
• Transboundary pollution

Which term describes a business that has operations all over the world?

• Trade Bloc
• Micro-Enterprise
• Common Market
• Multinational Corporation

Which country is a major center of sneaker design?

• Brazil
• Taiwan
• Saudi Arabia
• United States

A company in Mexico ships fruit to the US without paying tariffs. This is an example of?

• free trade
• subsistence agriculture
• vertical trade
• comparative advantage

Japanese consumers buy many goods made in China. This is an example of:

• ethnic diversity
• sustainable development
• supranational cooperation
• economic interdependence

The development of a global, or worldwide, society in which people, money, information, and goods flow fairly freely across national borders

• free trade

• free trade zone

• globalization

• intangible cultural heritage

• maquiladora

A large company that has operations in more than one country

• free trade

• free trade zone

• globalization

• intangible cultural heritage

• multinational corporation

Setting up businesses abroad to produce parts and products for domestic use or sale; the practice of subcontracting manufacturing work to outside companies, especially foreign or nonunion companies

• outsourcing

• free trade zone

• globalization

• intangible cultural heritage

• multinational corporation

The level of wealth, goods and necessities available for people to live

• outsourcing

• pandemic

• standard of living

• intangible cultural heritage

• multinational corporation

How are sneakers transported from their manufacturing plants to distribution centers?

• Trucks

• Ships

• Trains

• all of these are correct