Podcast
Questions and Answers
What is the definition of tariffs?
What is the definition of tariffs?
- Taxes imposed on all goods
- Taxes imposed on imported goods (correct)
- Taxes imposed on exported goods
- Subsidies for local production
Which term refers to a process used by firms to gather resources, transform them into goods, and distribute them to consumers?
Which term refers to a process used by firms to gather resources, transform them into goods, and distribute them to consumers?
- Commodity chain (correct)
- Centralized
- Decentralized
- Tariffs
What is the main purpose of global trade?
What is the main purpose of global trade?
- To eliminate all trade barriers between nations
- To increase market share and access goods internationally (correct)
- To decrease imports and increase exports of nations
- To limit market access for countries
What is the difference between global corporations and multinational companies?
What is the difference between global corporations and multinational companies?
Which term best describes a company that operates with resolute constancy, treating the world as a single entity?
Which term best describes a company that operates with resolute constancy, treating the world as a single entity?
'International companies are importers and exporters, typically without investment outside of their home country.' Which term best describes these types of companies?
'International companies are importers and exporters, typically without investment outside of their home country.' Which term best describes these types of companies?
What is a key characteristic of transnational companies?
What is a key characteristic of transnational companies?
During the Investment-based Globalization period, what characterized the commodity chains?
During the Investment-based Globalization period, what characterized the commodity chains?
What marked the shift during Trade-based Globalization (1970-95) period?
What marked the shift during Trade-based Globalization (1970-95) period?
What has characterized Digital Globalization from 1995 onwards?
What has characterized Digital Globalization from 1995 onwards?
Which period of globalization saw a domination by buyer-driven commodity chains?
Which period of globalization saw a domination by buyer-driven commodity chains?
What is a distinguishing feature of global corporations?
What is a distinguishing feature of global corporations?
