Economic Globalization
True or False
Economic integration included the integration of good and services.
True
Which of these choices is not a disadvantage of technological globalization?
The Digital Divide
Machines Replace workers
Fake News
Online Communities
Online Communities (this is an advantage)
What is the name of the global intergovernmental organization that was established in 1995 to promote free trade and reduce barriers to international trade?
The World Trade Organization (WTO)
What disease was the Silk Road most known for spreading?
The bubonic plague (Black Death)
What is the name of the agreement signed in 1994 between the United States, Canada, and Mexico, which aimed to create a trilateral trade bloc in North America?
The North American Free Trade Agreement (NAFTA).
What is the name of the world's largest online retailer that was founded in 1994 and has become known for its vast selection of products, fast shipping, and convenient online shopping experience?
Amazon
Which of these is not an area that political globalization is trying to improve?
- Lowering barriers to migration
-Lowering barriers to the movement of goods and services
-Rise of Multinational Corporations
-Agreeing on common standards for labor, intellectual property and environmental protection
Agreeing on common standards for labor, intellectual property and environmental protection
Where did the earliest beginnings in trade begin?
The Indus Valley and Mesopotamia
What is the term used to describe the process of businesses and industries moving their operations to countries with lower labor costs and more favorable economic conditions?
Offshoring or Outsourcing.
What is the name of the widely-used computer programming language that was created in the early 1990s and has been instrumental in the development of many popular software applications and websites?
JAVA
Which international organization was created in 1945 with the goal of promoting peace and security among nations, and has since become a key player in global politics?
The United Nations (UN)
The most well known route of trade that lasted for more than 1500 years is called?
The Silk Road