
Globalisation and International Trade Quiz

Quiz
•
Other
•
8th Grade
•
Medium
Nala R
Used 3+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A developing country has seen an increase in foreign companies investing in its economy. Which of the following is a possible negative impact of this trend?
Increased job opportunities for local workers
Loss of cultural identity due to foreign influence
Higher government revenue through corporate taxes
Improved infrastructure due to foreign investment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A local clothing manufacturer struggles to compete against cheaper imports from multinational corporations. What is the most effective government response?
Encourage the firm to lower wages
Impose tariffs on imported clothing
Reduce corporate tax for foreign firms
Remove all restrictions on international trade
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best explains why globalisation has increased in the past few decades?
Decrease in consumer demand
Advances in technology and communication
Strict trade regulations
Decline in multinational companies
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A multinational company enters a developing country and offers wages that are higher than local standards. What is a possible negative consequence?
Higher income inequality between local and foreign workers
Improved working conditions for employees
Increased job opportunities for local workers
Higher economic growth for the host country
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a reason why some governments oppose globalisation?
Loss of domestic industries
Increased cultural diversity
Dependence on foreign markets
Rising unemployment due to outsourcing
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A multinational company (MNC) sets up a factory in a developing country. What is the most likely benefit to the host country?
Higher pollution levels
Increased job opportunities
Declining wages for local workers
Loss of government revenue
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A multinational company faces backlash from an environmental group in a host country. What is the best response to maintain its global reputation?
Ignore the protests and continue operations
Relocate to a different country
Adopt environmentally friendly production methods
Increase worker wages to compensate
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