Global Economy and Governance Quiz
10 Questions
2 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main focus of economic globalization?

  • Globalization of production, finance, markets, and technology (correct)
  • Promotion of inequality and poverty
  • Reduction of global communication and technology integration
  • Isolation of national economies from global trade
  • Which organization is considered the global lender of last resort to national governments?

  • International Monetary Fund (correct)
  • Global Civil Society
  • Central Banks
  • Multinational Companies
  • What is the primary responsibility of a central bank in modern economies?

  • Regulating environmental trade and finance
  • Controlling global communication networks
  • Formulating monetary policy and regulating member banks (correct)
  • Supporting exchange-rate instability
  • What are the potential benefits of economic globalization?

    <p>Economic growth, development, innovation, and efficiency</p> Signup and view all the answers

    Which aspect does economic globalization NOT focus on?

    <p>Globalization of poverty</p> Signup and view all the answers

    Which type of country is characterized by weak state institutions and a disproportionately small share of global wealth?

    <p>Peripheral country</p> Signup and view all the answers

    According to Wallerstein's world-system analysis, which countries control and benefit from the global market?

    <p>Core countries</p> Signup and view all the answers

    In the context of multinational corporations, what percentage of revenue is typically generated outside the home country?

    <p>25%</p> Signup and view all the answers

    What is the main characteristic of the global interstate system?

    <p>Anarchy with no central authority</p> Signup and view all the answers

    Which collection of non-governmental organizations represents the will and desire of citizens?

    <p>Global civil society</p> Signup and view all the answers

    More Like This

    Global Economy Objectives
    7 questions
    Chapter 3 Market Integration
    18 questions
    Globalization Concepts Quiz - Chapter 1
    24 questions
    Use Quizgecko on...
    Browser
    Browser