Questions and Answers
What is globalization?
A process that deepens and broadens relationships among countries
Which term refers to the elimination of barriers to international movements of goods, services, capital, technology, and people?
Globalization
How does international business contribute to globalization?
By being a mechanism to bring about globalization
Which factor enables globalization to provide more variety, better quality, or lower prices?
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What influences the integration of world economies according to the text?
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Which of the following is NOT a characteristic of globalization?
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What does international business facilitate according to the text?
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Which area does globalization NOT influence?
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How do countries benefit from globalization?
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What is the main consequence of eliminating barriers to international movements according to the text?
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