1)Globalization is a process that first began to appear in North America in the
ID: 121242 • Letter: 1
Question
1)Globalization is a process that first began to appear in North America in the 19th century. T or F?
2)Like nationalism, globalization is concerned with the construction of barriers of various kinds. T or F?
3) Globalization is most similar to a) migration b) free trade c) colonization d) evolution.
4) The organization which replaced GATT in 1995 was a) the IMF b) OPEC c) the WTO d) the WWF.
5)One of the primary reasons that 50,000 corporations now operate globally is because a) they are selling illegal products b) they have many different owners c) they sell diversified products d) they are searching for the lowest possible operating costs.
6)All of these are trading blocs except a) OPEC b) IAEA c) ASEAN d)NAFTA
7) Which of these is not an example of the globalization of the local? a) eating pizza in Rome b) practicing Tibetan Buddhism in New York c) wearing hanbok in Rio de Janeiro d) drinking Perrier in Moscow.
8) While the participation of women in world politics has increased, women’s political power does not equate with their numbers. T or F?
9) In the early1970s, Hong Kong, Singapore, South Korea, and Taiwan, like Japan previously, all lacked capital, natural resources, but a) had stable governments b) had low populations c) had closed markets d) had no educated workforce.
10)The organization which replaced the EEC in 1967 was a) the OECD b) BRICS c) NATO d) the EU.
11)The preeminence of English today is due to the fact that most people in the world speak this language. T or F?
12) The primary form of migration in the globalized age has been a) rural to urban b) colonization c) displacement d) geographic partition.
13)Of the seven highest populated cities in the world, ____________ has more people than the combined populations of Manila and Mumbai. a) Tokyo b) Sao Paulo c) Mexico City d) Seoul-Inchon
14)Today the single largest industry in the world is a) illegal drugs b) medical supplies c) export shipping d) travel and tourism.
14)Since 1945, the UN has not been entirely successful in maintaining international peace and security. T or F?
16)Greenpeace, the Red Cross, and Doctors Without Borders are examples of a) global corporations b) NGOs c) UN relief organizations d) private interest groups
17) Although global cooperation and interdependence among the world’s people is quite evident, the world’s governments still operate on the basis of the territorial state. T or F?
18) The translation of the name of the terrorist organization, al-Qaeda, means a) conquest b) holy war c) peaceful village d) camp or base.
19) Since 1978, no new infectious diseases have been identified. T or F?
20) In China in the future, the combination of an increasingly aging population and fewer young people will be unfavorable to its economy, because its extensive growth has relied on a) skilled, technical labor b) a low educated labor force c) foreign economic support d) labor-intensive industries.
Explanation / Answer
1.Globalization is a process that first began to appear in North America in the 19th century- False.
Globalization is the process of increasing interaction among people, states or countries through the growth of international flow of money, ideas and culture. Large-scale globalization beagn in the 1820s. The term globalization establised its meaning in the 1970s and at first it was confined to Asia, North Africa, Middle East and certain parts of Europe.
2. Like Nationalism, Globalization is concerned with the construction of barriers of various kinds - False.
Globalization is an economic process of integration that has social and cultural aspects. It is associated with goods and services and the economic resources of capital, technology and data. So it is not concerned with any barriers.
3. Globalization is most similar to migration.
The four basic aspects of globalization identified by International Monetary Fund (IMF) are i.trade and transactions, ii. capital and investment movements, iii. migration and movement of people and iv.dissemination of knowledge.
4. The organization which replaced GATT (General Agreement on Tariffs and Tradein 1995 was the WTO(World Trade Organization). WTO provided a framework for negotiating and formalizing trade agreements and a dispute resolution process.
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