The Globalisation Impact Quiz
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Questions and Answers

Which of the following best defines globalisation?

  • The exchange of ideas and values within a single culture
  • The increase in the flow of goods, services, capital, people, and ideas across international boundaries (correct)
  • The spread of products and jobs within a single country
  • The interdependence of nations fostered through free trade
  • What are some factors that contribute to the interconnectedness of countries?

  • Decreased outsourcing and international supply chains
  • Increased air travel and international trade agreements (correct)
  • Decreased communication technology innovations and public policy changes
  • Limited access to the Internet and containerised sea shipping
  • In what ways does globalisation impact businesses?

  • Businesses benefit from international supply chains and the ability to outsource (correct)
  • Businesses face barriers to international trade
  • Businesses are limited in their ability to outsource and conduct free trade
  • Businesses are not affected by globalisation
  • What are some aspects of globalisation as a social phenomenon?

    <p>Increased interaction between populations</p> Signup and view all the answers

    What are some aspects of globalisation as a cultural phenomenon?

    <p>Increased exchange of ideas, expressions, and values between cultures</p> Signup and view all the answers

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