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OCR GCSE Economics - 4.4 - Globalisation

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which country has the biggest labour market?

a)

Brazil

b)

China

c)

India

d)

UK

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.

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 outsourcing and off-shoring of production

4.

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

5.

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

6.

A disadvantage of globalisation for manufacturers in the UK would include which one of the following?

a)

Access to wider markets

b)

Difficult to find workers

c)

Low-cost competition from overseas firms

d)

The spread of technology could cause local unemployment

7.

Which factor might attract a transnational corporation to a country?

a)

Good tourist attractions

b)

Cheap raw materials

c)

High average monthly wage

8.

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

9.

Which of the following factors 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

10.

What does TNC stand for?

a)

Transnational corporations

b)

Trade nations conference

c)

Transnational countries

d)

Trial national corporations