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Globalism in the Modern World

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Questions and Answers

What is the term used to describe the phenomenon of the world being interconnected through international trade, communications, and mass media?

Isolationism

Localism

Globalism (correct)

Nationalism

Why do Western companies outsource work to lower-paid foreign workers?

To support local employment

To promote global peace

To increase profits and save money (correct)

To reduce international trade

What is one potential benefit of globalism according to some people?

Enhanced cultural isolation

Increased competition among nations

Reduced likelihood of war between countries (correct)

Limited access to global markets

What concern do some critics of globalism have regarding its impact on ordinary workers?

<p>Rich people getting richer at the expense of ordinary workers</p> Signup and view all the answers

Which union is mentioned in the text where bitter enemies from past wars are now partners?

<p>European Economic Union</p> Signup and view all the answers

Globalism in the Modern World

Choose a study mode

Podcast

Questions and Answers

What is the term used to describe the phenomenon of the world being interconnected through international trade, communications, and mass media?

Why do Western companies outsource work to lower-paid foreign workers?

What is one potential benefit of globalism according to some people?

What concern do some critics of globalism have regarding its impact on ordinary workers?

Which union is mentioned in the text where bitter enemies from past wars are now partners?

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