Globalization — Quiz

Question 1

Gross domestic product tracks economic growth by measuring all goods and services

Revolt · Accepted Answer

produced by an economy.

Question 2

The business practice of hiring workers in another country is known as

Revolt · Accepted Answer

outsourcing.

Question 3

Global trade provides consumers with

Revolt · Accepted Answer

more options and lower prices.

Question 4

Globalization leads to more trade between

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countries.

Question 5

Global trade provides consumers with

Revolt · Accepted Answer

more options and lower prices.

Question 6

Which technologies have made global communication instant and more effective? Choose three correct answers.

Revolt · Accepted Answer

wireless devices; social media; smart phones

Question 7

Which technologies have made global communication instant and more effective? Choose three correct answers.

Revolt · Accepted Answer

social media; wireless devices; smart phones

Question 8

Purchasing power parity is used to compare the gross domestic product between

Revolt · Accepted Answer

countries' currencies.

Question 9

Globalization leads to more trade between

Revolt · Accepted Answer

countries.

Question 10

How has globalization made countries more interdependent? Choose five correct answers.

Revolt · Accepted Answer

Countries now rely on one another for an employment base.; Countries now rely on one another for chances to import and export.; Countries now rely on one another for vital resources.; Countries now rely on each other for new industries.; Countries rely on each other for cheaper products.

Globalization — Quiz Answers

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