PRELIM EXAM ON GLOBALIZATION (A)

Globalization has a significant impact on:

• Political independence

• Only developed nations

• Both developing and developed nations

• Rural communities exclusively

Who are the rejectionists in the context of globalization?

• Those who fully embrace globalization without criticism

• Those who believe globalization is inherently harmful and should be entirely resisted

• Those who view globalization as inevitable and beneficial

• Those who seek to adapt globalization to local needs

Globalization can lead to 'brain drain.' What does this term refer to?

• The increase in education levels worldwide

• The migration of skilled professionals from developing countries to developed countries

• The loss of cultural identity

• The movement of low-skilled workers to other countries

Which of the following is the best definition of globalization?

• The process of building political boundaries

• The integration of markets, cultures, and nations across the world

• The isolation of individual countries

• The development of local industries

Which of the following is an example of cultural globalization?

• A country protecting its borders

• The spread of fast food restaurants worldwide

• A country joining the European Union

• The reduction of trade barriers

A major criticism of globalization is:

• Increased cooperation between countries

• Unequal distribution of economic benefits

• Wider access to technology

• Improved infrastructure in developing countries

Globalization is driven primarily by advancements in:

• Healthcare

• Agriculture

• Technology and communication

• Local trade

Globalization has led to the rise of multinational corporations. What does 'multinational corporation' mean?

• A company that operates in multiple countries

• A small local business

• A company owned by the government

• A company that only trades domestically

One negative environmental effect of globalization is:

• Decreased pollution in urban areas

• Increased deforestation

• The preservation of local ecosystems

• More reliance on renewable energy

Which of the following is NOT a benefit of globalization?

• Increased cultural exchange

• Wider access to goods and services

• Economic inequality between countries

• Access to new markets for businesses