Globalisation Quiz

What is globalisation in simple terms?

• The worldwide movement of goods, capital, people, labour, culture, and ideas.

• The local exchange of goods and services.

• The restriction of trade between countries.

• The isolation of economies.

What is one of the benefits of globalisation mentioned in the text?

• Bigger markets can mean bigger profits and greater wealth.

• Increased isolation of economies.

• Decreased communication.

• Increased tariffs and trade restrictions.

What is one of the key questions raised about globalisation in the text?

• Is globalisation shared equally, or is it creating nations of 'haves' and 'have-nots'?

• How can we increase local trade?

• How can we reduce global communication?

• How can we isolate cultures?

What is one of the arguments of anti-globalisation groups?

• The gap between rich and poor nations is increasing.

• Increased wealth for all nations.

• Improved labour standards.

• Increased human rights.

What is a potential benefit of global trading systems for developing nations?

• Reduced opportunities

• Increased opportunities to make 'haves' out of 'have-nots'

• Decreased economic growth

• Increased cultural diversity

Which organization is NOT listed as assisting countries with globalisation?

• World Bank

• World Trade Organization

• International Monetary Fund

• United Nations

What is one of the roles of the Australian Government in supporting economic growth?

• Reducing international trade

• Providing financial services

• Limiting private sector growth

• Decreasing governance capacity

What is the main theme of the text?

• The negative impacts of globalisation

• Australia's response to globalisation

• The benefits of isolationism

• The decline of international trade

What is the source of the information provided in the text?

• United Nations report

• AusAID

• World Bank publication

• International Monetary Fund report

Which of the following is a pro-globalisation argument?

• Rising inequality is the inevitable result of market forces.

• Globalisation contributes to environmental improvements.

• Transnational companies want to place environmentally degrading industries in countries with inadequate controls.

• Globalisation results in the exploitation of millions of workers in countries that do not give workers rights.