What is globalization?
c) The increasing interconnectedness and interdependence of countries
What is a multinational corporation (MNC)?
a) A company that operates in multiple countries
What is "cultural homogenization"?
a) The blending of diverse cultures into a uniform global culture
Which of the following is a key driver of globalization?
b) Advances in transportation and communication technology
Which of the following is a potential benefit of globalization for developing countries?
d) Greater access to foreign investment and technology
What is the impact of globalization on the spread of information?
b) It accelerates the spread of information
What is the term for the spread of cultural elements from one society to another?
b) Cultural diffusion
What is "protectionism"?
b) Imposing tariffs and quotas to protect domestic industries
What is "global citizenship"?
d) A sense of belonging to a global community and responsibility for its well-being
Which international organization primarily deals with the rules of trade between nations?
d) The World Trade Organization (WTO)
What is the impact of globalization on income inequality?
c) It can both increase and decrease income inequality, depending on various factors
Which of the following is a potential challenge of cultural globalization?
b) Loss of traditional cultural practices
What is "outsourcing" in the context of globalization?
b) Hiring workers in other countries to reduce costs
Explanation: Аутсорсинг позволяет компаниям переносить производство или услуги в страны с более низкой стоимостью рабочей силы.
What is "offshoring"?
Correct answer: b) Relocating business processes to another country
What is the role of social media in globalization?
a) It facilitates global communication and cultural exchange