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Worksheetsworld trade
Total questions: 11
Worksheet time: 6mins
Name
Class
Date
1.
Globalization brings our world together?
a)
True
b)
False
2.
How does it bring our world together? Through....
a)
communication
b)
technology
c)
products & services
d)
all of these
3.
WE do not live in a global market?
a)
True
b)
False
4.
Define import.
a)
To bring “merchandise” from a foreign or external source- into a place or country from another country.
b)
To buy/sell something: exchange something for something else.
c)
To carry or send- as a commodity- to some other place, such as another country.
5.
Define trade.
a)
To carry or send- as a commodity- to some other place, such as another country.
b)
To buy/sell something: exchange something for something else.
c)
To bring “merchandise” from a foreign or external source- into a place or country from another country.
6.
Fill in the blank. Globalization is the result of several factors. Advances in communication & transportation have played a big part. Another major factor is the movement toward “___________.”
a)
free trade
b)
distribution
c)
multinational corporation
d)
imports
7.
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
8.
Mc Donald's is an example of a multinational corporation.
a)
true
b)
false
9.
What are some positives of globalization?
a)
Cheap sneakers and clothes
b)
Cheap electronics
c)
Information is easy to access and it travels quickly (internet and social media)
d)
All of the answers are correct
10.
What are some negatives of globalization?
a)
Workers are exploited in sweatshops
b)
Pollution and deforestation
c)
Low wages for factory workers in Asia and Africa
d)
All of the answers are correct
11.
What is globalization?
a)
The growth in understanding and relationships between all nations.
b)
The process of increased connection between countries. It is demonstrated through economics, politics and culture.
c)
The increase of borderless markets with no import and export tarrifs.
d)
The process of all nations and people becoming increasingly richer over time.
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