The Global Economy Revision Quiz
12th Grade
•17 Qs
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The Global Economy Revision Quiz
Quiz
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
Rashmita Kaur
FREE Resource
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17 questions
Show all answers
1.
OPEN ENDED QUESTION
2 mins • 1 pt
Define globalisation.
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2.
OPEN ENDED QUESTION
3 mins • 2 pts
Outline two indicators of globalisation in the global economy.
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3.
OPEN ENDED QUESTION
3 mins • 3 pts
Explain the effect of globalisation on international financial flows.
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4.
OPEN ENDED QUESTION
5 mins • 5 pts
Explain the reasons for the increasing synchronization of reginal business cycles with the international business cycle and the effects of this.
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5.
OPEN ENDED QUESTION
2 mins • 1 pt
What is a monetary union?
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6.
OPEN ENDED QUESTION
3 mins • 2 pts
Describe the role of WTO in promoting free trade?
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7.
OPEN ENDED QUESTION
3 mins • 2 pts
Outline one advantage and one disadvantage of free trade.
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