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Untitled Quiz

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Questions and Answers

Which of the following is NOT one of the six core claims of globalization?

  • Globalization is inevitable and irreversible
  • Globalization benefits everyone in the long run
  • Globalization is about the liberalization and global integration of markets
  • Globalization enhances regional isolationism (correct)
  • Nobody is in charge of globalization.

    True

    What does globalization as an economic process involve?

    Increasing linkage of national economies

    Which term is used to criticize the concept of globalization?

    <p>Globaloney</p> Signup and view all the answers

    Match the categories of arguments of Globaloney:

    <p>Rejectionist = Disputes the usefulness of globalization as a precise analytical concept Sceptics = Emphasizes limited nature of current globalizing processes Modifiers = Disputes the novelty of the process and acknowledges moderate globalizing tendencies</p> Signup and view all the answers

    Transnational corporations have become some of the largest economic entities in the world, surpassing many ____.

    <p>states</p> Signup and view all the answers

    What investment is defined as an investment to a business in a given nation?

    <p>Foreign Direct Investment</p> Signup and view all the answers

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