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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 (A)

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 (A)</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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