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WorksheetsGlobalization
Total questions: 12
Worksheet time: 9mins
Increasing interdependence of nations and peoples across the globe.
Infrastructure
Globalization
Interdependence
Specialization
The exchange of goods and services by sale or barter driven by the need for resources.
Fair Trade
Globalization
Trade
Standard of Living
Factories or other aspects of industry or business are relocated to a place that is cheaper to do business.
Offshoring
Outsourcing
Sending goods to another country to sell.
import
export
Bringing goods in from another country to sell.
import
export
A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (taxes on exports).
Free Trade
Trade
Goods
Supply and Demand
According to CNN, the United States receives 80% of its avocados from Mexico. Mexico receives most of its auto parts from the United States. This is an example of the following.
Interdependence
Supply and demand
Infrastructure
Globalization
Products meant to satisfy the wants and needs of buyers.
Goods
Trade
Commodity
Outsourcing
The development of a worldwide economy where resources flow fairly freely across borders.
Globalization
Economy
GDP
Economic Independence
What are some negatives of globalization?
Workers are exploited in sweatshops
Pollution and deforestation
Low wages for factory workers in Asia and Africa
All of the answers are correct
What are some positives of globalization?
Cheap sneakers and clothes
Cheap electronics
Information is easy to access and it travels quickly (internet and social media)
All of the answers are correct
