Globalization Final Exam Preparation

What is Globalization? (1-2 sentences)

Answer explanation

Globalization refers to the process of increasing interconnectedness and interdependence among countries, economies, and cultures worldwide. It involves the exchange of goods, services, information, and ideas on a global scale.

What are several factors that have led to increased globalization? (You can make a list)

What are different types of globalization? (Make a list)

What is a TNC? Give three examples.

Why do TNCs often located their manufacturing in a country different from that of their headquarters?