GLOBALISATION - MCQ

1. Which of the following best describes globalization?

• A process of regional integration where nations within the same region become interconnected.

• rocess that results in the exchange of cultures, ideas, and trade across countries.

• A system that prevents international companies from operating across borders.

• A local phenomenon where businesses expand within their own country.0

Which of these is a significant factor that drives globalization?

• Cultural isolation

• Decreased technological innovation

• Free trade agreements between countries

• Restrictive tariffs on foreign goods

One of the primary effects of globalization on the economy is:

• Decreased competition in international markets

• Increased diversity of products available to consumers

• Reduced access to foreign investment

• A decline in cross-border communication

What is a possible negative effect of globalization on developing countries?

• Increase in local job opportunities

• Improvement in infrastructure and technology

• Loss of cultural identity and traditional practices

• Decrease in available foreign markets

Which of the following industries is most likely to benefit from globalization?

• Local agricultural cooperatives

• Small-scale handcraft artisans

• Global technology and telecommunications companies

• Neighborhood grocery stores