Podcast
Questions and Answers
What is one result of globalisation according to the text?
What is one result of globalisation according to the text?
- Improved transport and communication (correct)
- Decreased trade and cultural exchange
- Neglect of infrastructures
- Limited job opportunities
What are some advantages of Transnational Corporations (TNCs) locating in a country?
What are some advantages of Transnational Corporations (TNCs) locating in a country?
- Limited job creation, unstable income, lack of investment in infrastructure
- Creation of jobs, stable income, improved education and skills (correct)
- Profits going to locals, reinvestment in local areas, secure jobs
- Fewer workers employed, poor working conditions, natural resource exploitation
What is a characteristic of a Transnational Corporation (TNC) according to the text?
What is a characteristic of a Transnational Corporation (TNC) according to the text?
- Located in many countries (correct)
- Restricted to operating in a single country
- Focused on exploiting local resources only
- Limited to a specific region
What is the primary driver of global trade according to the text?
What is the primary driver of global trade according to the text?
Why is there little trade between less economically developed countries (LEDCs)?
Why is there little trade between less economically developed countries (LEDCs)?
Why do multinational corporations often have factories in economically less developed countries?
Why do multinational corporations often have factories in economically less developed countries?
Which of the following regions has benefited more from global trade according to the World Bank?
Which of the following regions has benefited more from global trade according to the World Bank?
What are the actions identified as potential causes of fewer benefits of global trade in some parts of the world?
What are the actions identified as potential causes of fewer benefits of global trade in some parts of the world?
What is one of the challenges in ensuring an ethical and environmentally sound production in the global supply chain?
What is one of the challenges in ensuring an ethical and environmentally sound production in the global supply chain?
What do many organizations aim to achieve to develop a fairer trading system?
What do many organizations aim to achieve to develop a fairer trading system?
