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Questions and Answers
What is a key characteristic of globalization?
What is a key characteristic of globalization?
- Strict enforcement of national boundaries
- Dominance of local markets over global markets
- Increased interconnectedness of economies and cultures (correct)
- Isolation of nations from international trade
How does globalization impact local cultures?
How does globalization impact local cultures?
- It causes local cultures to become completely isolated
- It has no impact on local cultures
- It results in the preservation of traditional customs and practices
- It can lead to the spread of global cultural influences (correct)
What is a potential consequence of globalization on employment?
What is a potential consequence of globalization on employment?
- Stagnation of job market due to limited competition
- Increase in domestic job opportunities only
- Shift of jobs to lower-cost locations (correct)
- Reduction in international labor mobility
Which of the following best defines globalization?
Which of the following best defines globalization?
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What is a common effect of globalization on economies?
What is a common effect of globalization on economies?
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Which factor is essential for the success of globalization?
Which factor is essential for the success of globalization?
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