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Globalisation - End of Topic Quiz

Total questions: 50

Worksheet time: 2hrs 40mins

Name
Class
Date
1.

Capital flows are the movement of money for the purpose of i (a)   , trade or to produce foods or provide services.

2.

Globalisation is the process by which national economies, societies and cultures have become increasingly integrated through a global network of t (a)   , communication, transportation and immigration.

3.

The dimensions of globalisation are the aspects which are transferred more easily through global networks. Which dimension are these referring to?

* impacts and degradation

* linked by the 'common'

a)

Society

b)

Economy

c)

Politics

d)

Environment

4.

The dimensions of globalisation are the aspects which are transferred more easily through global networks. Which dimension are these referring to?

- trade and aid

- capital flows

- TNCs

a)

Society

b)

Economy

c)

Politics

d)

Environment

5.

The dimensions of globalisation are the aspects which are transferred more easily through global networks. Which dimension are these referring to?

- trading groups

- governmental and global institutions

a)

Culture

b)

Economy

c)

Politics

d)

Technology

6.

What event increased flows of capital internationally?

a)

de-regulation of financial markets

b)

containerisation

c)

decreased transport costs

d)

technological advances

7.

What is the name given to money sent home by immigrants to their country of origin?

(a)  

8.

Which international organisation lends money to countries which would not be able to borrow from conventional sources?

a)

IMF

b)

United Nations

c)

G7

d)

European Union

9.

What does the term leakage mean?

a)

When containers fall off the ships transporting them

b)

The transfer of jobs from HICs to Lower wage economies such as China

c)

The repatriation of profits by TNCs to their country of origin

d)

When Low Income Countries fail to pay back their loans

10.

1.A tariff is an example of a _____ barrier because it restricts a country’s ability to sell to another country.

a)

Trade

b)

economic

c)

development

d)

income

11.

1.Traded products that arrive from another country are called ______.

a)

Imports

b)

Goods

c)

Products

d)

Supplies

12.

1.The economic sector of a country that involves manufacturing is the _______ sector.

a)

Tertiary

b)

Secondary

c)

Industrial

d)

Growth

13.

1.The type of country with the largest manufacturing sector compared to its other sectors is a ____.

a)

NEE

b)

LIC

c)

HIC

d)

NAFTA

14.

1.The decline of manufacturing in a country is called ________.

a)

De-industrialisation

b)

De-centralisation

c)

Degeneration

d)

Economic Decline

15.

Which of the following is unlikely to increase globalisation flows?

a)

Free Trade

b)

Open Migration

c)

Protectionism

d)

Internet

16.

________ are money sent back by migrant workers to their families in their home countries.

a)

Remittances

b)

Remunerations

c)

Savings

d)

Earnings

17.

1.A form of trade agreement that involves the sacrifice of national sovereignty, common trade rules and free movement of labour, ideas and goods _____.

a)

Common Market

b)

Customs Union

c)

Economic Union

d)

Free Trade Area

18.

A _______ is a type of financial support from a government to, for example, farmers, which protects them from low profits and foreign competition.

a)

Loan

b)

Duty

c)

Grant

d)

Subsidy

19.

What year was the UN Convention on the Law of the Seas (UNCLOS) created?

a)

1982

b)

1983

c)

1984

d)

1985

20.

What does EEZ stand for?

a)

Economic Exclusive Zone

b)

Extra Economic Zone

c)

Economic Enormous Zone

d)

Exclusive Economic Zone

21.

How large is the Exclusive Economic Zone (EEZ)?

a)

100 miles

b)

200 miles

c)

300 miles

d)

400 miles

22.

How many sustainable development goals are there?

a)

15

b)

16

c)

17

d)

18

23.

A migrant is a…

a)

a person who seeks safety from serious harm in a foreign country and awaits a decision on the application for refugee status under relevant international laws.

b)

a person who has resided in a foreign country for more than one year irrespective of the causes, voluntary or involuntary, and the means, regular or irregular, used to migrate.

c)

a person who owing to fear of being persecuted for reasons of race, religion, nationality or political opinion is outside his/her country because s/he is unable to be granted protection in his/her country.

24.

The reasons people migrate are called what?

a)

negative and positive factors

b)

refugee factors

c)

immigration and emigration factors

d)

push and pull factors

25.

Which if the following is a push factor?

a)

Natural Disasters

b)

Better economic opportunities

c)

to be with families and friends

d)

to live in a better environment

26.

What is the purpose of International Organizations?

a)

to only ensure that people are healthy

b)

to ensure that countries remain isolated from one another

c)

to keep the world a safe and prevent future wars

d)

to ensure people have rights

27.

What does OPEC stand for?

a)

Oil of Political Economic Countries

b)

Oil People Economically Consumer

c)

Organization of People Economic Communities

d)

Organization of Petroleum Exporting Countries

28.

This international organization is a group of countries that have agreed to protect each other in case of attack.

a)

North Atlantic Treaty Organization (NATO)

b)

United Nations (UN)

c)

World Trade Organization (WTO)

d)

North American Free Trade Agreement (NAFTA)

29.

The United Nations was created to....

a)

To dominate the world and punish people harshly

b)

To make sure countries have a right to vote

c)

To have meetings one time a year on world issues

d)

To avoid another world war and help the world maintain peace

30.

Which organization provides over 43% of the world's oil supply?

a)

European Union

b)

North American Free Trade Agreement

c)

Organization of the Petroleum Exporting Countries

d)

World Trade Organization

31.

This organization has 28 members; It eliminates all border controls and allows for the free flow of goods & people

a)

United Nations

b)

European Union

c)

North American Free Trade Organization

d)

North Atlantic Treaty Organization

32.

In October of 1973, OPEC refused to allow the United States to purchase oil. What situation is being described here?

a)

a quota

b)

an embargo

c)

a surplus

d)

an opportunity cost

33.
The UN is an example of what?
a)
Alliance
b)
Multinational state
c)
Confederation
d)
Supranational organization
34.
A transnational corporation is one that:
a)
Employs people from various nations and nationalities
b)
Has business in multiple countries around the world
c)
Has transferred Headquarters from one country to another
d)
Trades to countries to give them access to things previously inaccessible
35.
"Globalization is the process of creating a common culture across the globe."
This idea presented in this source could be best described as:
a)
cultural diversification
b)
marginalization
c)
assimilation
d)
homogenization
36.

Which of the following is true regarding fair trade:

a)

producers get an equal price

b)

producers get a minimum price guarantee

c)

producers get a subsidy

d)

producers get free money

37.
An area where labor laws and environmental laws are relaxed and taxes are lowered
a)
Special Economic Zone (SEZ)
b)
Export Processing Zone (EPZ)
c)
Free Trade Zone (FTZ)
d)
Island of Development
38.
The process where corporations turn over production roles outside the the company is known as:
a)
Outsourcing
b)
Fordist Movement
c)
Secondary Sector
d)
Fair Trade
39.
What is primarily responsible for the new international division of labor?
a)
Outsourcing
b)
Situation Factors
c)
Post-Fordist Philosophy
d)
Land Prices
40.

When transnational corporations allocate production to another company/supplier, it is known as

a)

offshoring

b)

vertical integration

c)

right-to-work

d)

outsourcing

41.

A type of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time

a)

Tariff

b)

Franchising

c)

Quota

42.

Which country is part of BRIC?

a)

the US

b)

Brazil

c)

Cameroon

d)

Rwanda

43.

Started in 1995 and regulates international trade

a)

WTO

b)

UN

c)

Red cross

44.

How many countries signed the Antarctic Treaty in 1959?

a)

18

b)

12

c)

24

d)

53

45.

What does the Antarctic Treaty promote?

a)

Scientific research

b)

Military activity

c)

Mining

d)

Nuclear testing

46.

Name one of the ice shelves in Antarctica

(a)  

47.
Global shift is...
a)
...the international relocation of people.
b)
...the international relocation of different types of industry.
c)
...the international movement of business.
d)
...the international movement of unethical practices.
48.
Generally, there has been an outsourcing of .......... to India?
a)
Manufacturing
b)
Services
49.
Which of the below is the correct definition for an economic migrant?
a)
People who flee their homes due to fear of persecution or death.
b)
Someone who moves from place to place inside the borders of a country.
c)
A person whose primary motivation to move is to seek employment.
50.
What is interdependence?
a)
When cities become dependent on each other for supplies of money.
b)
When countries become dependent on each other for economic wealth.