5 Questions
Economic globalization is characterized by the increasing integration of economies around the world through the movement of goods, services, and capital across borders. This integration is the result of:
Human innovation and technological progress
Which organization is responsible for reducing poverty by lending money to the governments of poorer countries?
The World Bank
What is the role of the International Monetary Fund (IMF)?
To provide financial assistance during economic crises
Which of the following is NOT a component of economic globalization?
Movement of people
The World Bank has been in operation since
1947
Test your knowledge on the globalization of world economics with this quiz. Explore the concepts of economic integration, movement of goods and services, and the impact of technological progress on global economies.
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