Globalisation Review Quiz

Globalisation is...

Translate the factors that have grown the Global Economy: Little Turtle Might Ingest Tacos For Decades To come

Globalisation has created many connections and interdependence amongst countries. State two forms of evidence that show this.

Why are sweatshops located mainly in LICs?

• Little to no environmental regulations

• Low labor cost

• High workforce

• All of the above

Name 3 global institutions

What is the IMF? What do they aim to do?

TNC stands for

• Trans-national Corporation

• Trans-national Company

• Too-nice Corperation

• Trans-native Company

Name 3 TNCs

Explain how TNCs drive the global economy (think of Little Turtles...)

State 1 advantage and 1 disadvantage (for the LIC) of a TNC locating in a LIC