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- 1. Multiple Choice
Globalization is best defined asAn increasing variety and volume of tradeGrowing amount of cross border transactions due to diffusion of technologyA growing interdependence of trans-national corporationsAn increasing amount of cultural exchanges resulting from new migrations - 2. Multiple ChoiceWhich of the following is NOT one of the broader focuses of the KOF index?SocialEconomicEnvironmentalPolitical
- 3. Multiple ChoiceWhich of the following nation-states is more than likely ranked higher than the rest on the KOF index of globalization?FranceNamibiaIndonesiaColombia
- 4. Multiple ChoiceWhich of the following is NOT an advantage of the KOF index for measuring globalization?Some countries have a large number of domestic touristsIt is a composite index with 24 different variablesIt has nearly 160 different countries included for comparison.It allows for both spatial and temporal comparisons.
- 5. Multiple ChoiceWhich of the following is NOT a disadvantage of using the KOF index to measure globalization.It tends to be American-centric on cultural components.Some variables, like number of letters mailed, tend to be outdated.It is a composite index that includes many variables.Some countries may choose to remain neutral and not engage in alliances.
- 6. Multiple ChoiceWhich region of the world tends to be the most globalized, according to the KOF?East AsiaNorth AmericaLatin AmericaWestern Europe
- 7. Multiple Choice
The impact of Western culture, art, media, sport and leisure pursuits on the world are:
economic globalization.
cultural globalization.
political globalization.
anti-globalization.
- 8. Multiple Choice
With the KOF, economic globalization is measured through
actual economic flows.
restrictions to economic flows.
both actual flows and restrictions.
neither actual flows nor restrictions.
- 9. Multiple Choice
Which of the following is not used to measure political globalization on the KOF?
number of active conflicts
number of embassies in other countries
number of the international organizations they're a member of
# of UN peacekeeping missions they participate in
- 10. Multiple Choice
Which of the following is NOT a measured component of cultural globalization with the KOF?
# of McDonalds located in a country
# of radios/1000 people
# of second languages spoken per capita
degree of tourism a country is exposed to
- 11. Multiple Choice
The OECD has a global influence in many areas. Which of the following is not correct, though?
Its members account for approximately 80% of the global GDP.
Its members provide approximately 95% of the world's Overseas Development Assistance.
Its members account for approximately 18% of the world's population.
Its members account for approximately 66% of world trade.
- 12. Multiple Choice
'The G20 has power and influence globally'. Which of the following statements supports this comment?
The G20 advises the IMF.
The global recession was resolved with guidance from the G20.
The G20 helps to improve the global financial architecture.
All of the statements support the comment in the question.
- 13. Multiple Choice
Which of the following lists correctly shows the members of the G7?
USA, Canada, UK, Germany, France, Russia, Japan
USA, Canada, European Union, Japan, Russia, China
USA, Canada, UK, Germany, France, Italy, Japan
USA, UK, Germany, France, Italy, Japan, China
- 14. Multiple Choice
China has increased its involvement in UN peacekeeping missions around the world. True or false?
True
False
- 15. Multiple Choice
China has become a favored destination for foreign direct investment. Which of the following statements is NOT a reason behind the investment that has taken place?
China has a growing middle class.
There is instability in China which creates economic opportunities.
There is a large pool of Chinese labor.
China is part of the global shipping network.
- 16. Multiple Choice
The most important reserve currency since World War 2 is the __________.
Euro
Yuan
Yen
U.S. Dollar
- 17. Multiple Choice
'Only a nation can be classed as a global superpower.' Is this statement true or false?
True
False
- 18. Multiple Choice
Which of the following is a characteristic of a global superpower?
Overseas military bases.
Prominent roles in international organizations.
Cultural imperialism.
All of the statements are characteristics of a global superpower.
- 19. Multiple Choice
Which of the following statements is NOT correct?
Global interactions consist mainly of trade interactions.
Global interactions are dynamic and change over space and time.
There are a number of indices on which global interactions can be measured.
Not all countries choose to interact with other countries.
- 20. Multiple Choice
Which powerful organization's purpose is to stabilize economic systems, foster international cooperation and help to reduce poverty?
World Trade Organization
New Development Bank
International Monetary Fund
World Bank
- 21. Multiple Choice
Which powerful organization's purpose is to provide loans for development purposes and combat climate change, largely in LIC/MICs.
World Trade Organization
New Development Bank
International Monetary Fund
World Bank
- 22. Multiple Choice
Which powerful institution's purpose is to provide development loans, more specifically develop 'green technologies', to select MIC nations.
World Trade Organization
New Development Bank
International Monetary Fund
World Bank
- 23. Multiple Choice
Which global organization wields its power by controlling the global supply of oil production; therefore, its price as well?
WTO
OPEC
G7
G20
- 24. Multiple Choice
Which powerful global group seeks to promote prosperity through an increased volume of trade through reducing trade barriers and establishing uniform rules for trade?
WTO
GATT
World Bank
International Monetary Fund
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