3.2.4 Globalisation

3.2.4 Globalisation

9th - 10th Grade

10 Qs

quiz-placeholder

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3.2.4 Globalisation

3.2.4 Globalisation

Assessment

Quiz

Business

9th - 10th Grade

Practice Problem

Hard

Created by

Anne Hassall

Used 1+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way UK businesses compete internationally?

By limiting product availability

By offering better designs

By increasing local taxes

By reducing employee wages

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit of globalisation for UK businesses?

Increased isolation

Higher import tariffs

Access to a larger market

Reduced competition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a drawback of globalisation for UK businesses?

Increased competition

Lower quality products

Limited market access

Higher local demand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do exchange rates impact UK businesses?

They affect profit and sales

They determine employee salaries

They set local tax rates

They control product design

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are students not required to do regarding exchange rates?

Understand their impact

Know their effect on imports

Recognize their influence on exports

Calculate exchange rate conversions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential impact of globalisation on UK employment?

Decreased need for skilled labor

Higher unemployment rates

Increased job security

More local job opportunities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can UK businesses benefit from changes in exchange rates?

By limiting international trade

By stabilizing local currency

By increasing import costs

By reducing export prices

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