Unit 3 part 2 Globalised world

What is globalisation characterised by?

• The isolation of countries' economies
• Slower trade and corporate decision-making
• The interconnection of countries' economies and faster trade
• The decline of market capitalism

Which of the following is NOT a side of globalisation?

• Economic globalisation
• Political globalisation
• Cultural globalisation
• Environmental globalisation

What has economic globalisation been fuelled by?

• Decreasing power of multinational companies
• Decreased production
• Developments in transport, telecommunications, and world trade
• Decreased international migration

What percentage of the world's population are migrants?

• 0.01
• 0.03
• 0.05
• 0.07

What is a consequence of globalisation in terms of culture?

• Decreased contact between cultures
• Lifestyles and consumption patterns becoming more diverse
• Lifestyles and consumption patterns becoming more uniform
• Decreased migration and tourism

Which global problem is NOT associated with globalisation?

• Terrorism
• Climate change
• Epidemics
• Decreased technological advancements

What is the result of the progressive removal of international trade barriers?

• Deglobalisation
• Decreased world trade
• Globalisation
• Increased tariffs

What is trade liberalisation?

• Increasing barriers on products
• Reduction or elimination of barriers imposed on products
• Increasing import duties
• Restricting international trade

Which of the following is NOT a major financial centre?

• Stock markets
• Banks
• Savings banks
• Agricultural farms

What has enhanced transport systems made possible?

• Slower movement of merchandise
• Decreased volume of world trade
• Movement of large amounts of merchandise long distances
• Decreased connectivity