Globalization and Economic Systems Quiz
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Globalization and Economic Systems Quiz

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@DelightedRing

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Questions and Answers

What is the main characteristic of globalization?

  • Barriers that restrict movement
  • Interconnectedness and interdependence (correct)
  • Consciousness and awareness
  • No private ownership

    • Which type of ownership is associated with capitalism?

  • Creation of various cultural practices
  • No private ownership
  • Increasing sameness in the world
  • Private ownership (correct)

    • What does 'solid' refer to in the context of globalization?

  • Barriers that make movement difficult (correct)
  • Creation of an international network
  • Increasing ease of movement of people
  • Opening international borders

    • What represents 'homogeneity' in the context of globalization?

    <p>Increasing sameness in the world</p> Signup and view all the answers

    What is the main challenge faced in regulating transactions and movements in globalization?

    <p>Barriers that restrict movement</p> Signup and view all the answers

    What perspective in international relations emphasizes relationships and negotiations?

    <p>Idealism</p> Signup and view all the answers

    Which theoretical approach believes that globalization is not necessarily about financial return but about continued centrality?

    <p>Realism</p> Signup and view all the answers

    What do ideas represent in the context of globalization?

    <p>Cultural norms</p> Signup and view all the answers

    Which of the following technological trends made significant changes according to the text?

    <p>Fast pace of technological change</p> Signup and view all the answers

    What is an essential component of an institution?

    <p>Regulatory structures</p> Signup and view all the answers

    Which theoretical approach focuses on hard power, sameness, complex interdependence, and smart power?

    <p>Realism</p> Signup and view all the answers

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