Globalization and modern economics

Globalization and modern economics

9th - 12th Grade

20 Qs

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Globalization and modern economics

Globalization and modern economics

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Anne Flanagan

Used 10+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This group settles trade disputes among member nations

OPEC

WTO

United Nations

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This group promotes free trade

OPEC

WTO

United Nations

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A cartel of oil producing nations

OPEC

WTO

United Nations

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (taxes on exports).

Free Trade

Trade

Goods

Supply and Demand

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

The development of a worldwide economy where resources flow fairly freely across borders.

Globalization

Economy

GDP

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What are some negatives of globalization?

Workers are exploited in sweatshops

Pollution and deforestation

Low wages for factory workers in Asia and Africa

All of the answers are correct

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What are some positives of globalization?

Cheap sneakers and clothes

Cheap electronics

Information is easy to access and it travels quickly (internet and social media)

All of the answers are correct

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