Globalization Quiz

What is globalization primarily characterized by?

• Isolation of national economies

• Greater economic, cultural, political, and technological interdependence

• Decrease in international trade

• Reduction in cultural exchanges

How does the opening case about Apple foreshadow the content of Chapter 1?

• It highlights Apple's marketing strategies.

• It discusses Apple's financial growth.

• It introduces the global impact of Apple's operations.

• It focuses on Apple's product design.

Which of the following is a driver of globalization?

• Local Trade Barriers

• E-commerce

• Isolationism

• Regional Production

What is one aspect of globalization mentioned in the document?

• Globalization of culture

• Globalization of markets

• Globalization of languages

• Globalization of politics

Which of the following is NOT listed as a driver of globalization?

• Digital Transformation

• Falling Barriers to Trade

• Nationalization

• Communication and Transportation

What are some of the issues related to globalization that people debate?

• Jobs/wages, Culture, National sovereignty, Environment

• Technology, Education, Health, Transportation

• Politics, Sports, Entertainment, Fashion

• Science, Mathematics, Literature, Art

What is globalization characterized by?

• Nationalization

• Denationalization

• Localization

• Privatization

How is globalization different from?

• Localization

• Nationalization

• Internationalization

• Privatization

What does globalization lead to among national institutions and economies?

• Isolation

• Independence

• Interdependence

• Segregation

Which country had the highest number of Global 500 firms in 2020 according to the graph?

• United States

• China

• Japan

• Germany