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Globalisation EQ1 Flashcards | StudBud
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Globalisation EQ1
Globalisation EQ1
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Questions
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Answers
1
Which of these is NOT a category used in the Kearney Index?
Technological connectivity
Military spending
Personal contact
Economic integration
2
Which of these is NOT an argument against globalisation?
Leads to corruption
A two-speed economy forms
Potential cultural erosion in some countries
Increases the debt of a country
3
Which of these factors has NOT contributed to 'time-space compression'?
Containerisation
Tourism
Fibre optics
Social media
4
What is a physical factor that makes both Zambia and Niger 'switched off'?
Resources controlled by foreign TNCs
Limited access to internet and technology
Lack of coastline
Low literacy rates
5
Why is Zambia becoming more 'switched on'?
Debt cancellation
It has political leverage over many African countries
Increasing government power over services
Growing investment links with China and India
6
Why was the Jianlibao soft drink unsuccessful in the global market?
It was too expensive for consumers
Firm had poor management and lacked international experience
Brand name prevented it from connecting with US consumers
It contained high amounts of lead
7
Which of these is NOT an example of glocalisation?
Apple creating new software for Chinese users
Starbucks designing stores to match the local area
Whirlpool fridges in bright colours to match Asian cultures
McDonalds Maharaja Mac in India
8
Which of these is an example of a flow of information?
Trump on Twitter
WWF
Tourism in the Maldives
NAFTA
9
How has free trade accelerated globalisation?
Improved transport and manufacturing processes
Increased product demand
Reduced interdependence between countries
Opened up economies to global trade and inward investment
10
Which of these is a benefit of trade blocs?
Lowers prices for consumers
Causes changes in employment structure
Increases interdependence between countries
Increases investment opportunities
11
Which of the following countries was ranked the highest in the 2015 KOF Index?
China
USA
Ireland
Germany
12
What percentage of global economic output is produced by the top 200 TNCs as of 2015?
15
35
45
25
13
How did the UK government promote globalisation?
Provided tax breaks to companies investing in Canary Wharf
Reduced the extent of privatisation
Increased state control of media
Increased government power in the financial sectors
14
Which of these was an immediate impact of China's open door policy?
Decline in the USA's 'new economy'
Foreign TNCs setting up branch plants in SEZs in China
Increase in rural to urban migration
Conflict between China and Taiwan
15
What does the choropleth map show?
An indicator of globalisation that measures internal connections
China is more globalised than India
Sudan has the same level of globalisation as Brazil
The Northern hemisphere is less globalised than the Southern hemisphere
16
How does the World Bank contribute to globalisation?
Reduces trade tariffs and barriers
Provides loans and debt relief to troubled economies
Promotes cultural exchange and regional peace
Lends money to developing countries for large infrastructure projects
17
What is meant by a two speed economy?
Growth in the quaternary sector
Uneven economic growth between different areas and countries
Global variations in GDP growth after Covid
Increasing competition between TNCs
18
How much did the IMF loan to Greece during the Greek Debt Crisis?
32 Billion Euros
25 Billion Euros
85 Billion Euros
5 Billion Euros
19
By 2005, 50% of Chinese exports came from TNCs using SEZs
False
True
20
What is the role of the EU?
Promoting economic growth and job creation
Ensuring the free flow of goods, services and capital
Developing military responses to conflicts
Protecting the polar regions
