The Global Impact
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Questions and Answers

Which of the following is a result of globalisation?

  • Decreased movement of employees between countries
  • Increased number of transnational companies (correct)
  • Decreased competition from overseas
  • Decreased dependence on global trade
  • What are some examples of imports that UK businesses profit from?

  • Imports from other domestic businesses
  • Domestic goods
  • Finished goods (correct)
  • Imports from other UK businesses
  • What is one disadvantage of globalisation for UK businesses?

  • Increased competition from overseas (correct)
  • Decreased dependence on global trade
  • Increased demand for UK goods and services
  • Decreased movement of employees between countries
  • Which of the following is a result of globalisation?

    <p>An increase in the movement of employees, goods, and services between countries</p> Signup and view all the answers

    What do UK businesses benefit from by buying imports from overseas?

    <p>Lower costs of production</p> Signup and view all the answers

    What is one advantage of globalisation for UK businesses?

    <p>Access to a wider market for selling goods and services</p> Signup and view all the answers

    What is one disadvantage of globalisation for UK businesses?

    <p>Increased competition from overseas</p> Signup and view all the answers

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