Globalisation and economy C1

The increase in ________ has led to more interconnected economies worldwide.

• Global economic recession

• Global economic integration

• Global economic downturn

• Global economic isolation

________ has resulted in changes to how workers are employed and compensated.

• Labour market saturation

• Labour market restructuring

• Labour market stagnation

• Labour market reinforcement

________ operate across multiple countries and influence global economic policies.

• Domestic corporations

• Transnational corporations

• Local enterprises

• Regional companies

Countries experiencing ________ are often affected by the economic policies of others.

• Economic independence

• Economic interdependence

• Economic sovereignty

• Economic detachment

The rapid changes in employment conditions are referred to as ________.

• Labour market stability

• Labour market volatility

• Labour market security

• Labour market uniformity

The study of ________ helps understand global employment patterns.

• Global labour migration

• Global labour standards

• Global labour dynamics

• Global labour regulations

The phenomenon of businesses expanding internationally is known as ________.

• Corporate localization

• Corporate globalization

• Corporate insularity

• Corporate nationalization

The growing gap between the wealthy and the poor is an example of ________.

• Economic equality

• Economic neutrality

• Economic polarization

• Economic uniformity

Differences in employment opportunities and wages among workers are called ________.

• Employment equality

• Employment stratification

• Employment uniformity

• Employment stability

________ involves the exchange of goods and services between countries.

• Cross-border competition

• Cross-border trade

• Cross-border isolation

• Cross-border restriction