ContWorldon Globalization Midterm Exam

What is one definition of globalization according to Gupta, Nikhil?

• The process of international integration

• The process of economic decline

• The process of cultural isolation

• The process of local integration

Which of the following is a major contributor to globalization in technology?

• Television

• The Internet

• Radio

• Print media

What is one economic impact of globalization?

• Reduction in job opportunities

• Decreased competition among nations

• Increased local culture

• Improvement in standard of living

Which of the following is NOT an advantage of globalization?

• Loss of local culture

• Cheaper prices

• Enhanced product quality

• Increased employment opportunities

What does social globalization pertain to?

• Technological advancements

• Human interaction within cultural communities

• Economic transactions

• Political alliances

What is a significant environmental impact of globalization?

• Improved air quality

• Reduction in waste production

• Environmental degradation

• Increased biodiversity

Which of the following is a disadvantage of globalization?

• Increased awareness of foreign cultures

• Uneven wealth distribution

• Improved communication

• Enhanced transportation

What is one way globalization has affected education?

• Spread of educational institutions

• Decreased access to information

• Limited opportunities for study abroad

• Reduction in educational standards

What is free trade?

• A policy that promotes local products

• A policy with high tariffs

• A policy without taxes on imports/exports

• A policy that restricts trade

Which of the following is a health issue associated with globalization?

• Spread of epidemics

• Increased access to healthcare

• Reduction in disease transmission

• Improved health standards