#1
Which of the following is a key driver of globalization?
Technological advancements
Isolationist policies
Cultural homogeneity
Trade restrictions
#2
What is the concept of 'glocalization' in the context of globalization?
Promoting global uniformity
Adapting global products or services to local contexts
Isolating local cultures
Limiting international trade
#3
Which term refers to the process by which companies spread their operations across different countries to maximize efficiency and reduce costs?
Outsourcing
Insourcing
Global sourcing
Nearshoring
#4
What does the term 'outsourcing' refer to in the context of globalization?
Expanding domestic production
Contracting business operations to external providers
Promoting protectionism
Reducing international trade
#5
Which organization plays a crucial role in regulating international trade and promoting globalization?
World Health Organization (WHO)
World Trade Organization (WTO)
International Monetary Fund (IMF)
United Nations (UN)
#6
Which economic concept is closely associated with the idea of 'race to the bottom' in the context of globalization?
Comparative advantage
Economic nationalism
Socialism
Deregulation
#7
What is the primary goal of the International Monetary Fund (IMF) in the global economy?
Promoting protectionism
Ensuring currency stability and providing financial assistance
Advocating for cultural isolation
Restricting international trade
#8
Which economic theory emphasizes the importance of unrestricted free markets and minimal government intervention in the context of globalization?
Keynesian economics
Neoliberalism
Marxism
Social democracy
#9
Which global institution is responsible for coordinating efforts to address climate change?
World Bank
United Nations (UN)
International Monetary Fund (IMF)
World Health Organization (WHO)
#10
What is the primary function of the World Trade Organization (WTO) in the global economy?
Promoting cultural diversity
Facilitating negotiations on international trade agreements
Providing humanitarian aid
Advocating for protectionist policies
#11
What is the 'digital divide' in the context of globalization?
A gap between countries with and without internet access
A barrier to cultural exchange
A measure of economic inequality
A form of currency disparity
#12
How does globalization impact cultural diversity?
It diminishes cultural diversity by promoting uniformity
It has no impact on cultural diversity
It enhances cultural diversity through increased interaction
It only impacts language diversity, not other aspects
#13
In the context of globalization, what is 'offshoring'?
Domestic production of goods and services
Relocating business processes to another country
Promoting cultural exchange
Encouraging import restrictions
#14
How does globalization impact income inequality within countries?
It has no impact on income inequality
It exacerbates income inequality
It reduces income inequality
It only affects global income distribution, not within countries
#15
What is the 'brain drain' phenomenon in the context of globalization?
An increase in intellectual capacity within a country
The movement of skilled individuals from one country to another
A decline in educational standards globally
A strategy for promoting technological innovation
#16
What is the primary criticism of the cultural imperialism thesis in the context of globalization?
It underestimates the influence of global media conglomerates
It neglects the role of local agency and resistance
It overemphasizes the positive aspects of cultural integration
It advocates for cultural isolation
#17
Which factor contributes to the digital divide in the process of globalization?
Increased accessibility to technology
Equal distribution of digital resources
Unequal access to technology and internet infrastructure
Global standardization of digital tools