How has the resolution of global political conflicts facilitated globalisation?

Promoting stability and cooperation, leading to increased trade and investment.

Political instability has decreased international cooperation.

Globalization has caused political conflicts to escalate.

Increased political conflicts have led to more trade agreements.

How have changed economic development strategies of command-based economies impacted on globalisation?

The shift towards market-oriented strategies in command-based economies has accelerated globalization by promoting trade and foreign investment.

Globalization has led to the decline of command-based economies.

Economic development strategies have no effect on global trade.

Command-based economies have always resisted globalization efforts.

How has trade and investment liberalisation facilitated globalisation?

Trade and investment liberalisation has facilitated globalisation by reducing trade barriers and encouraging foreign direct investment.

Trade and investment liberalisation has increased tariffs and trade restrictions.

Trade liberalisation has isolated economies from global markets.

It has led to a decrease in foreign direct investment opportunities.

How does privatisation and deregulation contribute to globalisation?

Privatisation and deregulation promote competition and efficiency

Deregulation reduces competition among businesses.

Privatisation leads to government control over industries.

Privatisation decreases foreign investment opportunities.

Why has the proliferation of multi-national corporations facilitated globalisation?

Promotes investment, and economic interdependence across countries.

Multi-national corporations primarily focus on local markets.

The rise of multi-national corporations has led to increased isolationism.

Multi-national corporations have decreased global trade and investment.

Which of the following is an example of a regional trading bloc?

Association of Southeast Asian Nations (ASEAN)

North American Free Trade Agreement (NAFTA)

What is the main role of The World Trade Organization in facilitating international trade?

To provide a framework for negotiating trade agreements and resolving trade disputes.

To regulate currency exchange rates between countries.

To impose tariffs on imported goods.

To promote domestic industries over international competition.

What is the main role of the World Bank in facilitating globalisation?

To provide financial and technical assistance for economic development and poverty reduction.

To manage global environmental policies.

To enforce global labor laws and regulations.

To promote international tourism and trade.

What is the role of The International Monetary Fund?

The IMF provides financial support, policy advice, and monitors global economic stability.

The IMF only provides loans to developing countries.

The IMF is responsible for setting global tax rates.

The IMF primarily focuses on environmental issues.

Contributors to globalisation

Authored by Jarryd Bentley

Social Studies

12th Grade

Used 2+ times

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20 questions

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DROPDOWN QUESTION

1 min • 1 pt

Invention of new technologies that facilitate access to new markets and opportunities: (a)

Technological changes

Resolution of global political conflicts

Changed development strategies

Trade and investment liberalisation

Market potential of developing countries

Market-friendly policies

Multi-national corporations

Regional trading blocs

Non-government institutions

DROPDOWN QUESTION

1 min • 1 pt

Development of international bodies to facilitate trade and financial stability: (a)

Resolution of global political conflicts

Changed development strategies

Trade and investment liberalisation

Market potential of developing countries

Market-friendly policies

Multi-national corporations

Regional trading blocs

Non-government institutions

Technological changes

DROPDOWN QUESTION

1 min • 1 pt

Coordination between countries (located close to one another) to remove trade barriers: (a)

Resolution of global political conflicts

Changed development strategies

Trade and investment liberalisation

Market potential of developing countries

Market-friendly policies

Multi-national corporations

Regional trading blocs

Non-government institutions

Technological changes

DROPDOWN QUESTION

1 min • 1 pt

Corporations that create a competitive advantage through global supply chains: (a)

Resolution of global political conflicts

Changed development strategies

Trade and investment liberalisation

Market potential of developing countries

Market-friendly policies

Multi-national corporations

Regional trading blocs

Non-government institutions

Technological changes

DROPDOWN QUESTION

1 min • 1 pt

Changes to internal market rules to bring greater competition (privatisation & deregulation): (a)

Resolution of global political conflicts

Changed development strategies

Trade and investment liberalisation

Market potential of developing countries

Market-friendly policies

Multi-national corporations

Regional trading blocs

Non-government institutions

Technological changes

DROPDOWN QUESTION

1 min • 1 pt

Realisation of new markets and as poorer countries experience higher economic growth and wealth: (a)

Resolution of global political conflicts

Changed development strategies

Trade and investment liberalisation

Market potential of developing countries

Market-friendly policies

Multi-national corporations

Regional trading blocs

Non-government institutions

Technological changes

DROPDOWN QUESTION

1 min • 1 pt

Removal and changes to barriers impacting on international trade and investment: (a)

Resolution of global political conflicts

Changed development strategies

Trade and investment liberalisation

Market potential of developing countries

Market-friendly policies

Multi-national corporations

Regional trading blocs

Non-government institutions

Technological changes

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Contributors to globalisation

Invention of new technologies that facilitate access to new markets and opportunities: (a)

Development of international bodies to facilitate trade and financial stability: (a)

Coordination between countries (located close to one another) to remove trade barriers: (a)

Corporations that create a competitive advantage through global supply chains: (a)

Changes to internal market rules to bring greater competition (privatisation & deregulation): (a)

Realisation of new markets and as poorer countries experience higher economic growth and wealth: (a)

Removal and changes to barriers impacting on international trade and investment: (a)

Changes in the ways economies operate (from command-based to market-based): (a)

Settling of global tensions that lead to enhanced trust and cooperation amongst countries: (a)

What is an example of a technological change that facilitates globalisation?

Access all questions and much more by creating a free account

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Social Studies

Contributors to globalisation

Invention of new technologies that facilitate access to new markets and opportunities: ​ (a)

Development of international bodies to facilitate trade and financial stability: ​ (a)

Coordination between countries (located close to one another) to remove trade barriers: ​ (a)

Corporations that create a competitive advantage through global supply chains: ​ (a)

Changes to internal market rules to bring greater competition (privatisation & deregulation): ​ (a)

Realisation of new markets and as poorer countries experience higher economic growth and wealth: (a)

Removal and changes to barriers impacting on international trade and investment: ​ (a)

Changes in the ways economies operate (from command-based to market-based): ​ (a)

Settling of global tensions that lead to enhanced trust and cooperation amongst countries: ​ (a)

What is an example of a technological change that facilitates globalisation?

Access all questions and much more by creating a free account

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Social Studies

Invention of new technologies that facilitate access to new markets and opportunities: (a)

Development of international bodies to facilitate trade and financial stability: (a)

Coordination between countries (located close to one another) to remove trade barriers: (a)

Corporations that create a competitive advantage through global supply chains: (a)

Changes to internal market rules to bring greater competition (privatisation & deregulation): (a)

Removal and changes to barriers impacting on international trade and investment: (a)

Changes in the ways economies operate (from command-based to market-based): (a)

Settling of global tensions that lead to enhanced trust and cooperation amongst countries: (a)