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</p> Signup and view all the answers

    What is one potential benefit of globalism?

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

    Which of the following is NOT a characteristic of globalism?

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

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