Globalisation Quiz

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Questions and Answers

Which of the following best defines globalisation?

  • The process of political integration among nations
  • The process of cultural exchange between countries
  • The process of technological advancement
  • The process of international trade and investment (correct)

What are the major trends in globalisation?

  • Growing integration of financial markets (correct)
  • Increasing protectionism and trade barriers
  • Decreasing global interconnectedness
  • Reduced flow of goods and services across borders

Who are the major players in the globalisation process?

  • Non-profit organizations
  • Local communities
  • Individual consumers
  • Governments (correct)

Under what conditions can globalisation be considered a disadvantage for different stakeholders?

<p>When it results in income inequality and exploitation (D)</p> Signup and view all the answers

What are the implications of globalisation for companies operating internationally?

<p>Increased opportunities for growth and expansion (D)</p> Signup and view all the answers

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