Problems of Globalization Illustrated

What is the main message the cartoon is trying to convey about globalization?

• Globalization leads to cultural exchange and economic growth.

• Globalization causes loss of local identity and jobs.

• Globalization creates equal opportunities for all countries.

• Globalization has no impact on society.

According to the cartoon 'Problems of Globalization Illustrated,' which of the following is an example of globalization?

• Buying local handmade hats in Paris

• Buying Nike hats in Paris

• Eating traditional food in Rome

• Shopping at a local market in London

What is economic globalisation? Fill in the blank: Economic globalisation refers to increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, service, technology and capital. It is the process of increasing economic integration between countries, leading to the emergence of a ________ or a single world market.

• global marketplace

• local economy

• regional alliance

• isolated market

Which of the following is an aspect of globalisation?

• Decrease in world trade

• Increase in volume of world trade i.e. imports and exports

• Isolation of national economies

• Reduction in multinational companies

Which of the following is an aspect of globalisation?

• Growth of multinationals

• Decline of multinationals

• Decrease in technology transfer

• Reduction in exports

What had halted many global deliveries a few years ago?

• Brexit

• Coronavirus

• Trade deals

• The Cold War

Fill in the blank: 'Easier travel, the world wide web, the end of the Cold War, trade deals, and new, rapidly developing economies, have all combined to create a system that is much more ______ now on what is happening on the other side of the world than it ever was.'

• dependent

• indifferent

• isolated

• unaware

Globalisation has made countries more interdependent because:

• It has increased international trade and investment.

• It has reduced communication between countries.

• It has made countries more isolated.

• It has decreased the movement of people and goods.

Fill in the blank: One of the characteristics of globalisation is the establishment of the ________ (an international organization that regulates trade).

• World Trade Organisation

• International Monetary Fund

• United Nations Educational, Scientific and Cultural Organization

• World Health Organization

Fill in the blank: The ________ of capital and labour is a key characteristic of globalisation.

• Mobility

• Scarcity

• Stagnation

• Isolation