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WorksheetsGlobalization 2
Total questions: 10
Worksheet time: 5mins
Since the 1950's, which development is LEAST responsible for revolutionizing the transportation industry?
commercial jet travel
superfreighters
containerization
improved highway networks
All of the following characterized the global economy of the mid-20th century except:
U.S. dominance in the world economy and world trade
European hegemony in foreign direct investment
Roughly half of the globe was closed to western businesses
Dominance of large U.S. multinational firms
The world bank has estimated that today's developing nations may account for close to _____ percent of world economic activity by 2025.
30
45
60
80
FDI stands for
federal direct investment
federal domestic investment
foreign direct investment
foreign denominated investment
Collectively, the countries of the world today invest approximately _______ of their GDP outside country's borders.
one third
half
one fifth
a quarter
What is the largest owner of five star hotels in the world?
Four Seasons
Hilton
Wanda Group
Trump International
FSG Holdings
An example of the risks associated with globalization include
the fall of communism
increasing independence of nations
the rapid spread of a financial crisis
decline of consumerism
One of the biggest concerns about globalization has been
loss of manufacturing jobs in developed countries
increasing diversity in society
rise of inexpensive goods in global trade
decreasing power of MNCs
One country in particular that has experienced enormous resistance to globalization has been
Thailand
Switzerland
Saudi Arabia
France
There is disagreement as to the role that supranational organizations such as ____________ and _______________ can play to protect interests of nation states.
League of Nations, EU
NAFTA, MERCOSUR
WTO, UN
World Bank, MNCs
