Globalization Today: Overview and Drivers
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Questions and Answers

What has been a significant driver of globalization since the 1970s?

  • Technological progress and innovations (correct)
  • Cultural exchanges
  • Religious movements
  • Political conflicts and alliances

Which sector saw a significant increase in international organization and cooperation due to globalization?

  • Energy sector
  • Services sector
  • Agricultural sector
  • Goods markets (correct)

What policy became less restrictive in the context of globalization?

  • Environmental policy
  • Migration policy (correct)
  • Trade policy
  • Taxation policy

What is an example of intra-industry trade mentioned as a feature of globalization?

<p>Japan selling cars to Europe and Europe selling cars to Japan (C)</p> Signup and view all the answers

Which motive drove very large capital flows among High-Income Countries (HICs) within globalization?

<p>Risk sharing motive (C)</p> Signup and view all the answers

What were some of the push factors for labor migration during 19th-century globalization?

<p>Income differentials and military conflict (A)</p> Signup and view all the answers

Which characteristic facilitated mass migration during the late 19th century?

<p>Great labor mobility (D)</p> Signup and view all the answers

What impact did the Opium wars and gunboat diplomacy have on trade during the 19th century?

<p>Promoted free trade through military imposition (B)</p> Signup and view all the answers

Which period saw the undoing of pre-1914 globalization?

<p>Great Depression and WW2 (B)</p> Signup and view all the answers

What were some factors that put brakes on re-globalization after World War 2?

<p>Import substitution policies and capital controls (C)</p> Signup and view all the answers

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