csd_theme3_t1_LF1_quizizz_01_e

Which of the following are correct descriptions of economic globalization?

• Cross-regional production activities are becoming more frequent

• The economies of countries are interdependent

• Strengthening of international economic cooperation

• Art exchanges are becoming more frequent

Which of the following are factors promoting economic globalization?

• Development of transportation technology

• Advanced information technology

• The rise of multinational corporations

• Rise of international organizations

Which of the following is not an expression of economic globalization?

• Chinese investors buy American stocks

• Korean corporations manufacture in Korea

• American corporations purchase raw materials in Brazil

• Germany professionals work in Japan

Which of the following is a global international economic organization?

• The European Union

• The World Bank

• The Asian Infrastructure Investment Bank

• The Association of Southeast Asian Nations

Which of the following are the functions of the World Trade Organization?

• Formulate international trade agreements

• Handling trade disputes among member states

• Monitor and review the trade policies of member states

• Provide loans and other financial assistance to member states

Which of the following is a regional economic organization that Hong Kong participates in under the name ‘Hong Kong, China’?

• APEC

• BRICS

• G20

• Association of Southeast Asian Nations

Which of the following are characteristics of multinational corporations?

• Has only one branch in the home country

• Operates in two or more countries

• Develops based on the global market

• Outsources the manufacturing process to foreign factories

Which of the following is not a benefit of multinational corporations?

• Promote the diversification of financial products

• Promote global economic growth

• Upgrade manufacturing technology in developing countries

• Enrich the commodity market

Which of the following are the positive effects of global labour market integration?

• Alleviate the labour shortage problem

• Make it easier for corporations to raise capital

• Increase labour income

• Facilitate the dissemination of knowledge and technology

Which of the following organization is capable of protecting labour rights?

• UNICEF

• World Trade Organization

• International Labour Organization

• International Monetary Fund