Globalisation Glossary Quiz

What is the definition of 'Acquisition' in the context of globalisation?

• A transaction where a TNC sells another company

• A transaction where a TNC buys another company in order to expand

• A transaction where a TNC merges with a government-owned company

• A transaction where a TNC invests in a non-profit organization

Who are Asylum Seekers in the context of globalisation?

• People who have left their country to work as expatriates in another country

• People who have left their country to study abroad

• People who have left their country to start a new business in another country

• People who have left their country and are seeking asylum in another, waiting to be granted residency and to become a refugee

What is China's Open Door Policy in the context of globalisation?

• China's policy to nationalize all foreign-owned companies within its borders

• China's policy to allow foreign industry and TNCs in to promote a modern and thriving China

• China's policy to restrict the movement of its citizens to other countries

• China's policy to close its borders to foreign industry and TNCs

What is Containerisation in the context of globalisation?

• A logistical system of transporting goods using animal-drawn carts

• A logistical system of transporting goods using airships

• A logistical system of transporting goods in steel containers

• A logistical system of transporting goods in wooden crates

What are Core Regions in the context of globalisation?

• Less wealthy, developing countries that have control over global markets

• Wealthier, industrially developed countries that are isolated from global markets

• Less wealthy, developing countries that are dependent on global markets

• Wealthier, industrially developed countries that benefit and control global markets

What is Cultural Diffusion in the context of globalisation?

• The spread of cultural beliefs and social activities into different cultures

• The preservation of a culture due to globalisation

• The reduction of a culture due to globalisation

• The isolation of a culture from global influences

What is Deindustrialisation in the context of globalisation?

• A reduction in industrial capacity, leading to social and economic change within a region

• An increase in industrial capacity, leading to social and economic change within a region

• A shift from industrial to agricultural production within a region

• An expansion of industrial capacity, leading to social and economic change within a region

What is Economic Migration in the context of globalisation?

• Movement of migrants to participate in cultural exchange programs

• Movement of migrants to improve financial income or standard of living

• Movement of migrants to escape from natural disasters

• Movement of migrants to engage in political activism

What is Global Governance in the context of globalisation?

• The process of global management, where a single nation acts alone in matters that affect the entire world

• The process of global management, where multiple nations act together in matters that affect the entire world

• The process of global management, where a group of powerful nations dominate the rest of the world

• The process of global management, where a single global organization controls all nations

What are Special Economic Zones (SEZ) in the context of globalisation?

• Regions where the government offer incentives to attract industry

• Regions where the government bans all foreign investments

• Regions where the government restricts all economic activities

• Regions where the government imposes heavy taxes on all businesses