Globalisation and Industry Quiz

What is globalisation?

• Separation of nations

• Independence of local economies

• Increasing interconnectedness globally

• Restriction of trade

Which factor does NOT speed up globalisation?

• Global trade

• Better transport and communication

• Labour skills availability

• Strict national trade barriers

Which organisation reduces world trade barriers?

• NATO

• UN

• WTO

• IMF

What does TNC stand for?

• Technical National Corporation

• Transnational Corporation

• Transport and Communication

• Trade and Commerce

Why do TNCs often choose LEDCs for factories?

• Higher wages

• Advanced technology

• Cheaper labour

• Fewer workers

What is a host country in relation to a TNC?

• Where headquarters are

• Where the factory is

• Where management lives

• Where taxes are paid

Which is a newly industrialised country (NIC)?

• USA

• China

• Germany

• Canada

What is secondary industry?

• Growing crops

• Manufacturing products

• Selling goods

• Teaching services

Why is the secondary sector vital for development?

• Uses less energy

• Grows more food

• Helps countries become MEDCs

• Needs no resources

Steelmaking is what type of industry?

• Processing

• Assembly

• Manufacturing

• High-tech