Quiz on Globalisation

Quiz on Globalisation

12th Grade

15 Qs

quiz-placeholder

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Quiz on Globalisation

Quiz on Globalisation

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

Charlie Howard

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact has globalization had on extreme poverty globally, according to the text?

Increased extreme poverty

No change in extreme poverty

Fewer people in extreme poverty

More people in extreme poverty

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has helped reduce specialization according to the text?

Increased tariffs

Technological advancement

Higher taxes

Globalization

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one advantage of specialization and trade in an international context?

Greater world output

Increased unemployment

Higher taxes

Less variety of goods

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage for less developed countries engaging in specialization?

Increased resource availability

Use up non-renewable resources quickly

More diverse economy

Higher economic growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential benefit of specialization for businesses?

Decreased efficiency

Higher production costs

Focus on strengths

Limited market access

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one factor that affects the relative prices of goods between countries?

Exchange rate

Population size

Climate

Language

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a factor that influences a country's terms of trade?

Population size

Exchange rates

Climate change

Political stability

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