Week 5 - Globalization - Review

Which of these is a conflict mineral used in Intel chips?

• Gold

• Silver

• Tantalum

• Copper

Which phrase describes the 3 ways that a company can globalize its business?

• Invest, Build, Transfer

• Sell, Make, Source

• Identify, Analyze, Act

• Measure, Study, Implement

Which is NOT a benefit of globalization?

• Increases job security

• Lower prices to consumers

• Spreads democracy

• Increases technology transfer

Which is NOT a cost of globalization?

• Potentially increases despotism

• Erodes regional & national cultures

• Increases currency exchange costs

• Weakens environmental standards

A key theory about why globalization benefits society is the theory of

• Continental Allocation

• Consistent Activity

• Climate Advocacy

• Comparative Advantage

Which is NOT a IFTI (International Financial and Trade Institution)?

• World Bank (WB)

• Organization for Economic Cooperation and Development (OECD)

• International Monetary Fund (IMF)

• World Trade Organization (WTO)

Which is NOT a defining feature of democracy

• Fair elections

• Separation of Powers

• Freedom of the press

• Government ownership of the production of goods

The bottom of the global wealth pyramid includes 70% of the population that has assets less than

• $1000

• $5000

• $10,000

• $25,000

The proposed global minimum corporate tax rate is

• 10%

• 15%

• 20%

• 25%