What is one way to measure the growth of global trade?
Global Trade Patterns and their Impact on the Economy

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Business
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11th Grade - University
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Hard
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By looking at the level of exports relative to GDP
By analyzing the number of trade agreements
By counting the number of trading partners
By comparing import levels to GDP
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which phase is characterized by a sharp rise in trade due to globalization?
Globalization phase
Post-war phase
Digital revolution phase
Pre-industrial phase
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the trend in the share of agricultural products in world trade since 1900?
It has remained constant
It has increased
It has fluctuated without a clear trend
It has declined sharply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which regions account for the majority of world trade?
Europe, North America, and Asia
Africa, South America, and Oceania
South America, Europe, and North America
Middle East, Africa, and Asia
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant factor influencing trade according to the transcript?
Geographical proximity
Comparative advantage
Political stability
Cultural similarities
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the benefits of trade mentioned in the transcript?
Decreased innovation
Greater consumer choice
Reduced competition
Increased cultural homogeneity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential cost of trade highlighted in the transcript?
Economic stability
Environmental degradation
Cultural enrichment
Increased employment
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