Lesson 15 Sections 1-2

What does global trade involve?

• Buying and selling goods and services within a country

• Buying and selling goods and services across international borders

• Only selling goods internationally

• Only buying services internationally

By how much has international trade grown since the end of World War II?

• 1,500%

• 15,000%

• 150%

• 15%

What is a common indicator that a product is part of global trade?

• It is labeled as organic

• It is labeled as handmade

• It is labeled as made in another country

• It is labeled as eco-friendly

What is one advantage of larger ships in the transportation revolution?

• They can carry more goods at lower costs.

• They require less fuel.

• They are faster than airplanes.

• They are more environmentally friendly.

How have container ports impacted shipping processes?

• They have made shipping more expensive.

• They have streamlined shipping processes.

• They have reduced the number of ships needed.

• They have increased shipping times.

What is a benefit of wide-body jet planes in transportation?

• They are slower but more reliable.

• They enable faster, cheaper transportation.

• They are only used for short distances.

• They require less maintenance.

What technological advancement allows perishable goods to be shipped long distances without spoiling?

• Refrigerated trucks

• Larger ships

• Wide-body jet planes

• Advanced packaging

What role do satellite systems play in communication breakthroughs?

• They increase the cost of communication.

• They link computers and telephones worldwide.

• They are only used for military purposes.

• They slow down communication processes.

What is a result of instant global communication?

• It has made communication more difficult.

• It is only available to large corporations.

• Companies can serve international customers almost instantly.

• It has reduced the need for telephones.

How have business transactions been affected by communication breakthroughs?

• They require more paperwork.

• They can happen with just a few keystrokes.

• They have become more time-consuming.

• They are only possible in person.