
ULIS W1
Quiz
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Social Studies
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Professional Development
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Practice Problem
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Medium
Thinh Vu
Used 6+ 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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