Globalisation and Financial Systems Quiz

What is one reason HICs consume more manufactured products than LICs?

• Higher demand for goods

• Less demand for goods

• More natural resources

• Lower population

What is the purpose of cargo aircraft?

• Transporting passengers

• Transporting goods

• Military operations

• Agricultural activities

What has increased the speed and quantity of goods transported globally?

• Manual labor

• Innovation in transport

• Local trade agreements

• Traditional shipping methods

Since when has high speed rail developed in Europe?

• 1970s

• 1980s

• 1990s

• 2000s

What has air travel revolutionised due to faster and cheaper flights?

• Transportation of goods

• Transportation of people

• Transportation of animals

• Transportation of vehicles

What global concern could have attacks originating from anywhere in the world?

• Cybersecurity

• Climate change

• Economic inflation

• Deforestation

What organization aims to diffuse disagreements to maintain international peace?

• World Health Organization

• United Nations Security Council

• International Monetary Fund

• World Trade Organization

What have satellites and fibre-optic communication enabled the growth of?

• Containerisation

• Long haul flights

• Internet and mobile phone systems

• Rail transport

Which of the following is NOT a result of financial technologies

• Off-shore bank accounts

• Cryptocurrency

• Remittances

• Banks

What is this transport technology?

• Containerisation

• Shipping

• Sea transport

• Freight transport