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WorksheetsOCR GCSE Economics - 4.4 - Globalisation
Total questions: 10
Worksheet time: 5mins
Which country has the biggest labour market?
Brazil
China
India
UK
Globalisation is:
The introduction of the internet to make us closer to others in the world
The breakdown of traditional barriers between nations through technology and transport
Faster travel around the world
The movement of people and ideas around the world
Which one of the following is a characteristic of globalisation?
Low levels of labour migration
The development of global brands
A decrease in foreign direct investment
A reduction in outsourcing and off-shoring of production
Which one of the following is a negative consequence of globalisation for less-developed countries?
Enhanced cultural uniqueness
Skills transferred to domestic workers
Improved terms of trade
Wider income inequalities
Globalisation is good because of an ____ in standard of living, but is bad because there is a ____ in local cultures and traditions.
Increase / decrease
Decrease / increase
Increase / increase
Decrease / decrease
A disadvantage of globalisation for manufacturers in the UK would include which one of the following?
Access to wider markets
Difficult to find workers
Low-cost competition from overseas firms
The spread of technology could cause local unemployment
Which factor might attract a transnational corporation to a country?
Good tourist attractions
Cheap raw materials
High average monthly wage
Which of the following are high income countries?
The USA, Canada and the UK
Australia, New Zealand and South Korea
Peru, Bolivia and Argentina
Which of the following factors is NOT responsible for the acceleration of globalisation?
Transport systems
Trade agreements such as those established by the WTO
Communication systems
The increase of unemployment in the UK
What does TNC stand for?
Transnational corporations
Trade nations conference
Transnational countries
Trial national corporations
