Globalization and Economic Impact Quiz

It only affects local economies

It leads to increased interdependence among economies (correct)

It results in decreased trade and investment between countries

It has no impact on economic integration

It only affects the domestic movement of goods and services

It has no impact on the movement of goods and services

It facilitates the movement of goods and services across borders (correct)

It hinders the movement of goods and services across borders

It leads to cultural homogenization and loss of diversity

It only affects local cultural practices

It has no impact on cultural exchange

It promotes cultural exchange and diversity (correct)

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