Globalisation Quiz

Define globalisation.

• The process by which businesses or other organizations develop international influence or start operating on an international scale.

• A policy of isolation focusing on local, not international, development.

• The study of global maps and geographic features.

• A technology trend that connects devices across the globe.

Which of the following is a global company?

• Apple

• Local Bakery Co.

• City Library

• Google

Identify three characteristics of globalisation.

• Increased economic integration, cultural homogenization, and technological innovation

• Decreased trade barriers, reduced cultural exchange, and lower internet usage

• Higher local market focus, increased national tariffs, and reduced multinational corporations

• Decreased international travel, lower foreign investment, and increased local production

Identify three characteristics of de-globalisation.

• Increased trade barriers, national policies over global agreements, and reduced international cooperation

• Increased global trade, universal policies, and enhanced international cooperation

• Decreased technological innovation, increased global workforce, and reduced cultural exchange

• Enhanced global communication, reduced national policies, and increased cultural exchange

Identify three causes of globalisation.

• Increased trade, technology advancement, and political policies

• Decreased transportation costs, local market saturation, and decreased internet usage

• Increased local economies, decreased trade barriers, and technology decline

• Technology advancement, decreased global communication, and increased trade barriers

How does trade liberalisation increase globalisation?

• By reducing barriers to international trade

• By increasing taxes on imports

• By limiting the number of countries participating in trade

• By decreasing the efficiency of production in various countries

Explain how reduced transport and communications costs causes globalisation.

• By making international trade more cost-effective, encouraging companies to expand globally.

• By increasing the cost of goods, reducing global trade.

• By reducing the speed of information exchange, slowing down globalisation.

• By limiting access to international markets, hindering global expansion.

Which of the following is a reason why Trans National Corporations (TNCs) cause globalisation?

• In search of resources

• In search of markets to sell their products

• In search of more efficient locations to produce

• All of the above

Which is the most significant cause of globalisation?

• The drive for profits

• Lower costs of transport

• Reduction in trade barriers

• All of the above

Which of the following are benefits of globalisation?

• Increased world output, through comparative advantage

• Reduction in absolute poverty by giving countries access to inflows of money

• Facilitation of the transfer of knowledge and technology

• Improved quality and choice for consumers

• All of the above