wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Globalization Extreme

Total questions: 40

Worksheet time: 20mins

Name
Class
Date
1.

What does TNC stand for?

a)

Trans national corporations

b)

Trade nations conference

c)

Trans national countries

d)

Trial national cooperations

2.
Globalisation is:
a)
the introduction of the internet to make us closer to others in the world. 
b)
the breakdown of traditional barriers between nations through technology and transport
c)
faster travel around the world
d)
the movement of people and ideas around the world.
3.
Poverty reduction, waged work and infrastructure are all what type of change?
a)
Postive
b)
Negative
4.

Which one of the following is a characteristic of globalisation

a)

Low levels of labour migration

b)

The development of global brands

c)

A decrease in foreign direct investment

d)

A reduction in out-sourcing and off-shoring of production

5.

Which one of the following is a negative consequence of globalisation for less-developed countries

a)

Enhanced cultural uniqueness

b)

Skills transferred to domestic workers

c)

Improved terms of trade

d)

Wider income inequalities

6.

How has China and India benefited from globalisation?

a)

Millions of people have been lifted out of poverty in India and China

b)

Inequalities among the countyside are growing

c)

Increased levels of carbon is being emitted in both countries

7.
What are some positive effects of Globalisation ?
a)
Increased freedom to travel and immigrate,better access to medicine,information, and technology.
b)
Lower prices for developed countries and low paying jobs in underdeveloped countries
c)
Less pollution in the world
d)
All of the above
8.
Globalisation is good because of an ________________ in standard of living , but is bad because there is a _____________ in local cultures and traditions
a)
increase / decrease
b)
decrease / increase
c)
increase / increase
d)
decrease / decrease
9.

Which factor might attract a transnational corporation to a country?

a)

Good tourist attractions

b)

Cheap raw materials

c)

High average monthly wage

10.

Which of the following is NOT a transnational corporation (TNC)?

a)

Local newsagent

b)

Shell

c)

Ford

11.

Which of the following are high income countries?

a)

The USA, Canada and the UK

b)

Australia, New Zealand and South Korea

c)

Peru, Bolivia and Argentina

12.

TNCs have the effect of ‘grouping’ nations together systematically through both their production and supply chains and via the different markets they serve with products.

a)

True

b)

False

13.

Which of the following factor is NOT responsible for the acceleration of globalisation?

a)

Transport Systems

b)

Trade agreements such as those established by the WTO

c)

Communication Systems

d)

The increase of unemployment in the UK

14.

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).

a)

Free Trade

b)

Trade

c)

Goods

d)

Supply and Demand

15.

Increasing interdependence of nations and peoples across the globe.

a)

Infrastructure

b)

Globalization

c)

Interdependence

d)

Specialization

16.

The exchange of goods and services by sale or barter driven by the need for resources.

a)

Fair Trade

b)

Globalization

c)

Trade

d)

Standard of Living

17.
A large company that has operations in more than one country.
a)
Domestic Corporation
b)
Multinational Corporation
c)
Foreign Corporation
d)
State Corporation
18.

The development of a worldwide economy where resources flow fairly freely across borders.

a)

Globalization

b)

Economy

c)

GDP

d)

Economic Independence

19.

Investment by a person or company based in another country is called _____________ .

a)

distribution

b)

economic interdependency

c)

foreign investment

d)

imports

20.
Globalization has brought economic growth to many developing countries.  This has meant jobs for millions of people.  It has also increased “_________ ___________” among countries.
a)
imports & exports
b)
multinational corporations
c)
economic interdependence
21.
#13 Which of the following has helped create a global economy in the present day?
a)
The use of high taxes for imports and exports
b)
Improvements in technology have made trade easier
c)
The creation of one form of currency (money) used to trade
d)
The success of the Communist governments in guiding trade
22.
Globalization brings our world together?
a)
True
b)
False
23.
WE do not live in a global market?
a)
True
b)
False
24.
Mc Donald's  is an example of a multinational corporation.
a)
true
b)
false
25.
The way resources, power, or goods are divided among people or groups.
a)
free trade
b)
foreign investment
c)
distribution
d)
imports & exports
26.

Globalization started together with the steamships, railroads, telegraphs, in the early XVIII century.

a)

True

b)

False

27.
Huge container ships allow:
a)
Clothes to be bought from overseas.
b)
People to travel to any country they want.
c)
Goods to be transported all over the world. 
d)
People to go on cruises to many parts of the world. 
28.
E-Commerce allows you to buy and sell goods on the Internet
a)
True
b)
False
29.
Global Media is a ______ Type of Globalisation
a)
Environmental
b)
Political
c)
Economic
d)
Social
30.
Falling transport costs due to containerization is mostly a ___________ type of globalisation
a)
Economic
b)
Technological
c)
Political
d)
Social
31.
Stock markets are a ___ type of globalization
a)
Political
b)
Economic
c)
Historical
d)
Social
32.
Which of the following are benefits of international trade?
a)
acquiring goods that you do not produce yourself
b)
the ability to sell your goods to others for a profit
c)
the ability to specialize production of certain goods in your country
d)
all of the above are benefits 
33.
Tariffs restrict trade through
a)
taxation
b)
quota systems
c)
international law
d)
domestic trading
34.

Is the spread of religion over human history an example of globalisation?

a)

True

b)

False

35.

This word means all the production and exchange that takes place throughout the world.

a)

Global economy

b)

Export

36.

Cultural diversity is one of the costs of globalization.

a)

true

b)

false

37.

Globalization can create problems for business because:

a)

It can result in more competition.

b)

It reduces vulnerability to political risk and uncertainty when operating abroad.

c)

It means that they can increase prices.

d)

All of the options given are correct.

38.
These are typically found in airports & seaports and do not follow the regular trade customs and are considered duty-free
a)
Free-trade zones
b)
Free-trade agreements
c)
non-tariff alliances
d)
Common markets
39.
A company is worried that about the norms and customs of a country would need to consider which component of the international business environment?
a)
Geography
b)
Culture
c)
Economy
d)
Infrastructure
40.
A country that lacks ability to logistically transport imports & exports would be concerned with which component of the international business environment?
a)
Geography
b)
Culture
c)
Economy
d)
Infrastructure

Similar Resources on Wayground

15 AUG INDEPENDENCE DAY QUIZ VI

35 questions

15 AUG INDEPENDENCE DAY QUIZ VI

quiz

Worksheet

•

8th - 12th Grade

Early U.S. History Ch 2 Test Review

40 questions

Early U.S. History Ch 2 Test Review

quiz

Worksheet

•

8th - 12th Grade

Ulangan Harian Perubahan Sosial

35 questions

Ulangan Harian Perubahan Sosial

quiz

Worksheet

•

12th Grade

Southwest Asia Geography Review

38 questions

Southwest Asia Geography Review

quiz

Worksheet

•

9th - 12th Grade

Unit 5 Review

35 questions

Unit 5 Review

quiz

Worksheet

•

9th - 12th Grade

PAS PRAKTIKUM AKUNTANSI PERUSAHAAN DAGANG

40 questions

PAS PRAKTIKUM AKUNTANSI PERUSAHAAN DAGANG

quiz

Worksheet

•

12th Grade

Philosophies of Education_AF

45 questions

Philosophies of Education_AF

quiz

Worksheet

•

University