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- 1. Multiple Choice
Which of the following are examples of visible trade?
Customer services
Agricultural products
Software
Merchandise
Fuels
- 2. Multiple Choice
Trade is fuelled by globalisation. Which of the following is the most accurate definition of globalization?
An increase in containerisation and interdependency between nations.
The process of increased connection between countries. It is demonstrated through economics, politics and culture.
The world physically getting smaller.
The 20th century phenomenon of international organisation creation such as the World Bank and United Nations.
- 3. Multiple Choice
Many LICs are said to be...
Quaternary growth centres
Manufacturing modes
Tertiary sector operatives
Primary product dependent
- 4. Multiple Choice
From 1913 levels, by how many time has global trade increased?
X4
X14
X40
X400
- 5. Multiple Choice
Which of the following are examples of invisible trade
Food products
Goods and services
Transport
Travel
Clothing
- 6. Multiple Choice
Identify the top 3 exporters ($billions)
China
USA
Germany
Japan
Russia
- 7. Multiple Choice
Which of the following regions have trade flows of LESS than $250 billion (lowest by world ranking)
Indonesia
Central Asia
Sub-saharan Africa
Brazil
Central America
- 8. Multiple Choice
What was the total value of global merchandise exports in 2019?
$1.9 billion
$ 1.9 trillion
$19 billion
$19 trillion
- 9. Multiple Choice
Which TWO regions of the world have fuel and mining products dominating their visible trade?
Middle East
Europe
North America
Africa
Asia
- 10. Multiple Choice
TRUE OR FLASE? Visible trade is greater than invisible trade, however, invisible trade is growing quicker than visible trade.
TRUE
FALSE
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