Globalization
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Questions and Answers

Which of the following best describes globalization?

  • The process of increasing interconnectedness and interdependence among countries (correct)
  • The process of cultural isolation and separation
  • The process of decreasing trade and economic integration
  • The process of a country becoming self-sufficient and independent

What are some key features of globalization?

  • Decreased cultural exchange
  • Limited movement of people across borders
  • Reduced economic integration
  • Increased international trade and investment (correct)

How does globalization impact economies?

  • It can lead to economic growth and development (correct)
  • It can result in economic stagnation and decline
  • It has no impact on economies
  • It only benefits developed countries

Which of the following statements best describes globalism?

<p>The process of integrating economies, cultures, and societies on a global scale (A)</p> Signup and view all the answers

What is one potential benefit of globalism?

<p>Improved access to global markets (A)</p> Signup and view all the answers

Which of the following is NOT a characteristic of globalism?

<p>Protectionist trade policies (A)</p> Signup and view all the answers

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