Understanding Globalization

What was the primary purpose of the Silk Road?

• Trade and movement of goods

• Military conquests

• Cultural exchange

• Religious pilgrimages

Which of the following best describes the change in globalization today compared to the past?

• Decreased movement of people and goods

• Increased scale and speed of exchanges

• Reduced impact on international relations

• Stable and unchanged processes

What is a negative impact of technological advances in globalization?

• Improved global communication

• Job losses due to automation

• Job creation in tech industries

• Increased cultural exchanges

How has global trade evolved from 1980 to 2019?

• Increased tenfold

• Shifted entirely to services

• Decreased significantly

• Remained constant

What is a direct consequence of corporations moving operations to cheaper countries?

• Widening wealth gap

• Decreased global trade

• Increased job opportunities in the home country

• Reduced corporate profits

Which of the following is a role of governments in managing globalization?

• Disallowing any foreign investments

• Choosing levels of openness to global flows

• Limiting all international trade

• Promoting national isolation

What is the purpose of international institutions in globalization?

• To promote national interests only

• To eliminate cultural exchanges

• To manage and regulate global processes

• To prevent any global interaction

What challenge do governments face with globalization?

• Completely stopping globalization

• Promoting benefits while supporting affected groups

• Ignoring international laws

• Focusing solely on local issues