11 Questions
Which factor has been a key driver of globalization post World War 2?
Technological progress and innovations
What is one of the effects of trade liberalization as mentioned in the text?
Increased international cooperation
Which policy became less restrictive post World War 2, promoting globalization?
Migration policy
What type of trade is exemplified by Japan selling cars to Europe and Europe selling cars to Japan?
Intra-industry trade
Why have very large capital flows occurred among High-Income Countries according to the text?
Risk sharing motive
What were some of the characteristics of pre-1914 globalization according to the text?
Great specialization in goods markets and developmental finance in capital markets
What contributed to the undoing of pre-1914 globalization according to the text?
WW1, Great Depression, and WW2
Which historical period saw the Dutch trading empire and Iberian empires flourish?
Early modern period
What were some of the factors that put brakes on re-globalization post-1945 according to the text?
Capital controls and decolonization
Which historical period saw the silk roads connecting the Mediterranean and Far East?
Antiquity
What played a significant role in facilitating mass migration, especially from Europe to America, during the late 19th century?
Indentures binding contracts
Learn about globalization in the present time and the factors that have driven it since the post-World War II era. Explore the impact of technological progress, innovations, political choices, and institutions on the global economy.
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