ULIS W1

ULIS W1

Professional Development

10 Qs

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ULIS W1

ULIS W1

Assessment

Quiz

Social Studies

Professional Development

Practice Problem

Medium

Created by

Thinh Vu

Used 5+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is globalization?

Political unification of nations

Social, political, economic, cultural, and technological integration among countries

Economic isolation of countries

Cultural homogenization

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is offshoring?

Contracting external organizations to perform company activities

Relocating company activities to a foreign country to reduce costs

Outsourcing customer services to local providers

Moving company headquarters abroad

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which agreement replaced NAFTA in 2020?

World Trade Organization (WTO) Agreement

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

United States-Mexico-Canada Agreement (USMCA)

European Union Trade Agreement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a defining feature of a command economy?

Competition drives production decisions.

The government has explicit control over the price and supply of goods.

Businesses operate with complete independence.

Private enterprise owns all resources.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organization oversees international trade regulations?

United Nations (UN)

European Union (EU)

World Trade Organization (WTO)

International Monetary Fund (IMF)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the European Union (EU)?

Expanding global oil production

Eliminating trade barriers among member countries

Developing military alliances

Promoting bilateral trade with the U.S.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are included in the MIST group of emerging markets?

Mexico, India, South Korea, and Turkey

Mexico, Indonesia, South Korea, and Turkey

Malaysia, India, Singapore, and Taiwan

Morocco, Iran, Spain, and Thailand

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