Globalisation and International Trade Quiz

Globalisation and International Trade Quiz

8th Grade

25 Qs

quiz-placeholder

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Globalisation and International Trade Quiz

Globalisation and International Trade Quiz

Assessment

Quiz

Other

8th Grade

Medium

Created by

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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