Podcast
Questions and Answers
What can be defined as markets in which prices for comparable goods do not behave independently?
What can be defined as markets in which prices for comparable goods do not behave independently?
- Global markets
- Local markets
- Regional markets
- Integrated markets (correct)
Which area experienced labor market integration between 1982 and 1936 according to the text?
Which area experienced labor market integration between 1982 and 1936 according to the text?
- South America
- Asia (correct)
- Europe
- North America
What was a principal feature of globalization in the late 19th century as mentioned in the text?
What was a principal feature of globalization in the late 19th century as mentioned in the text?
- Mass migration of Indians and Chinese to Southeast Asia (correct)
- Mass migration of Africans to Europe
- Mass migration of Europeans to Asia
- Mass migration of Indians and Chinese to Africa
In the 1980’s, what mode of transport largely replaced sailing vessels within Asia and to Western markets?
In the 1980’s, what mode of transport largely replaced sailing vessels within Asia and to Western markets?
Immigration to Southeast Asia in response to its growing demand for workers derived from what according to the text?
Immigration to Southeast Asia in response to its growing demand for workers derived from what according to the text?
How is a global business defined according to the text?
How is a global business defined according to the text?
What is a key aspect of globalization mentioned in the text?
What is a key aspect of globalization mentioned in the text?
How does globalization impact inflation according to the text?
How does globalization impact inflation according to the text?
What is a potential benefit of countries liberalizing their visa rules according to the text?
What is a potential benefit of countries liberalizing their visa rules according to the text?
How does globalization affect living standards according to the text?
How does globalization affect living standards according to the text?
What is one characteristic of transactions in a globalized world as per the text?
What is one characteristic of transactions in a globalized world as per the text?
What is a negative consequence of over-fishing of the ocean linked with globalization as mentioned in the text?
What is a negative consequence of over-fishing of the ocean linked with globalization as mentioned in the text?
Which words were unknown up until the very end of the 20th century?
Which words were unknown up until the very end of the 20th century?
What is the common view shared by all definitions of globalization mentioned in the text?
What is the common view shared by all definitions of globalization mentioned in the text?
What has resulted in enumerable contradicting definitions of globalization?
What has resulted in enumerable contradicting definitions of globalization?
Which characteristic of globalization has led to resistance movements according to the text?
Which characteristic of globalization has led to resistance movements according to the text?
What is also referred to as world economy according to the text?
What is also referred to as world economy according to the text?
What is one of the ideological movements of resistance to globalization mentioned in the text?
What is one of the ideological movements of resistance to globalization mentioned in the text?
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