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Quiz on Globalization Features

Authored by Nala R

Other

8th Grade

Used 3+ times

Quiz on Globalization Features
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does globalization primarily involve?

Isolation of economies

Integration of economies

Regional trade barriers

National self-sufficiency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key feature of globalization?

Restriction on foreign investments

Decrease in international trade

Free movement of goods, services, and capital

Promotion of autarky

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization leads to the spread of which of the following?

Local customs and traditions only

National currencies

Technology and cultural exchange

Isolationist policies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the major drivers of globalization is:

Decline in transportation and communication costs

Increased trade restrictions

Reduced foreign competition

Promotion of closed economies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which institution plays a significant role in promoting globalization?

World Bank

United Nations

International Monetary Fund (IMF)

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one major economic opportunity presented by globalization?

Increased tariffs on exports

Wider access to international markets

Reduced competition among businesses

Restricted mobility of labor

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Globalization helps developing countries by:

Limiting foreign investments

Increasing access to advanced technologies

Discouraging trade partnerships

Promoting local monopolies

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