Globalization vs Cold War

What term describes the process by which businesses or other organizations develop international influence or start operating on an international scale?

• Cultural diffusion

• Globalization

• Imperialism

• Localization

Which event was primarily a political and military struggle between the United States and the Soviet Union that lasted from 1947 to 1991?

• World War II

• Vietnam War

• Cold War

• Korean War

What is the term for the reduction of trade barriers, such as tariffs, to encourage trade between countries?

• Trade liberalization

• Economic protectionism

• Fiscal austerity

• Monetary isolation

Which of the following best describes the concept of "cultural globalization"?

• The worldwide spread of similar norms and values

• The preservation of distinct cultural identities

• The local adaptation of foreign business models

• The enforcement of nationalistic ideologies

What was the primary goal of the Marshall Plan, which was initiated after World War II?

• To promote economic recovery in Western Europe

• To establish communism in Eastern Europe

• To encourage decolonization in Africa

• To strengthen military alliances in Asia

Which term refers to the interconnectedness of global economies through trade, investment, technology, labor, and information?

• Economic disparity

• Globalization

• Capitalism

• Mercantilism

During the Cold War, what was the main ideological conflict?

• Monarchy vs. Democracy

• Capitalism vs. Communism

• Nationalism vs. Globalism

• Federalism vs. Unitarism

What does the term "Iron Curtain" refer to in the context of the Cold War?

• The division between NATO and Warsaw Pact countries

• The Berlin Wall

• The boundary separating the Eastern and Western Blocs

• The underground network for smuggling defectors

Which of the following is an example of a multinational corporation (MNC)?

• Local farmers' market

• National postal service

• Apple Inc.

• City government

What was the primary purpose of NATO during the Cold War?

• To promote free trade across North Atlantic nations

• To provide mutual defense against the spread of communism

• To encourage cultural exchanges between member countries

• To develop nuclear weapons programs collectively