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- 1. Multiple ChoiceThe earliest movement of people across the globe is considered to be:Into AfricaOut of AfricaAcross SumeriaIn the Nile River Delta
- 2. Multiple ChoiceWhich statement is not true about the VOC?First successful MNCThey colonized AustraliaCould wage war to protect its trading routesFirst company to issue shares
- 3. Multiple ChoiceThe first wave of globalization is not related to:Pre world war 1The free flow of capital and peopleFalling transport costsThe World Trade Organization
- 4. Multiple ChoiceThe first wave was also about developed countries cheaply importing raw materials and selling expensive manufactured goods back to the developing nations.TrueFalse
- 5. Multiple ChoiceGross Domestic Product (GDP) measures the value of goods and services produced in a country.TrueFalse
- 6. Multiple ChoiceDuring the first wave of globalization the % of GDP to World exports (i.e. how much of a countries money was due to exporting to the world) increased from 2% in 1800 to_____________ in 1913.4%9%21%34%
- 7. Multiple ChoiceThe word used to describe the practice of shielding a country's domestic industries from foreign competition by taxing imports is:AlienationProtectionismTrade liberalizationCommunism
- 8. Multiple ChoiceThe second wave of globalization is not characterized by:The interwar years 1918 - 1939The Cold WarJet planesTrade liberalization between rich countries
- 9. Multiple ChoiceThe end of WW2 sparked this second phase of globalization due to built on a surge in trade and reconstructionTrueFalse
- 10. Multiple ChoiceThe organization which helped to restore economic activity in the devastated countries of Europe and Asia after WW2 was the:International Monetary FundUnited NationsWorld Bank
- 11. Multiple ChoiceThe General Agreement on Tariffs and Trade (GATT) signed in 1947 tried to _____________ import tariffs, especially between more developed countries.IncreaseDecrease
- 12. Multiple ChoiceThe third wave of globalization is not characterized by:Freedom of movement of peopleEase of the flow of capitalIncreased services and informationTrade liberalization between developing countries
- 13. Multiple ChoiceThe IMF stands for:The International Monetary FundThe International Monetary Foundation
- 14. Multiple ChoiceThe IMF plays three major roles in the global monetary system. Which one is incorrect?funds International Sporting Eventsprovides technical assistance and training for countries requesting itlends funds to countries with financial difficultiesmonitors economic and financial developments
- 15. Multiple Choice
Cause of globalization:SocialEconomicEnvironmentalTechnological - 16. Multiple ChoiceThis event in the late 1980's is mostly a ____________ factor of globalization:PoliticalTechnologicalSocialHistorical
- 17. Multiple ChoiceStock markets are a ___ factor of globalizationPoliticalEconomicHistoricalSocial
- 18. Multiple ChoiceSpecialization and centralizing functions is mostly a ___________ factor of an interconnected worldEconomicSocialHistoricalTechnological
- 19. Multiple ChoiceFalling transport costs due to containerization is mostly a ___________ factor of the big G (globalization)EconomicTechnologicalPoliticalSocial
- 20. Multiple ChoiceGlobal MediaEnvironmentalPoliticalEconomicSocial
- 21. Multiple ChoiceInternational labour flows due to technology has enabled globalizationSociallyPoliticallyHistoricallyEconomically
- Answer choicesTagsAnswer choicesTags