WorksheetsGlobalization
Total questions: 22
Worksheet time: 11mins
What do you mean by Globalisation ?
Removing barriers or restrictions
set by the government is what is
known as Globalisation.
It is the process of is this
process of rapid integration or
interconnection between countries
The transfer of a business, industry, or service from public to private ownership and control.
A process of settling among and establishing control over the indigenous people of an area.
The picture shows that globalization...
involves cultural diversity that reflects in many things like music, art, food and RACE.
happens when there is an increase in information flows and a larger transporter of data between geographically remote locations.
is about encouraging a borderless world and its communal consequences.
has talent mobility and cooperation that can increase the business performance.
Which of these factors have influenced globalisation?
High taxes and investment restrictions.
Communication systems and the internet.
Poor standard of living and unemployment.
Is the spread of religion over human history an example of globalisation?
True
False
Importing goods is:
The sale of goods to another country
Beneficial to a country's economy
The buying of goods from another country
The movement of people around the globe
Increased competition from globalization helps stimulate new technology development, particularly with the growth in FDI, which helps improve economic output by making processes more efficient.
Economies of scale
Technological Innovation
Foreign Direct Investment
This is a tax on imports that is used to increase price of foreign products and raise government revenue.
tariff
quota
subsidy
embargo
Globalisation makes travelling harder
True
False
The GCC is a alliance of six Middle Eastern countries. They are....
Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman.
Saudi Arabia, Kuwait, the United Arab Emirates, Iraq, Bahrain, and Oman.
Saudi Arabia, Kuwait, the United Arab Emirates, Iraq, Egypt, and Oman.
Globalisation results in --------?
Lesser competition among producers
Greater competition among producers
No change in competition among producers
What is the impact of globalization?
Increased trade and investment
Cultural homogenization
Environmental degradation
Technological advancements
What are some negatives of globalization?
Workers are exploited in sweatshops
Pollution and deforestation
Low wages for factory workers in Asia and Africa
All of the answers are correct
What are some positives of globalization?
Cheap sneakers and clothes
Cheap electronics
Information is easy to access and it travels quickly (internet and social media)
All of the answers are correct
How do multinational corporations impact the global economy?
By limiting opportunities for expansion in multiple countries
By increasing competition in international markets
By reducing profit margins in home market
By expanding operations and increasing international trade
Sending goods to another country to sell.
import
export
