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The Globalization Quiz

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Questions and Answers

What is the definition of globalization?

Globalization refers to the outgoing of an international network, belonging to an economic and social system.

What are some impacts of globalization on import-export policy?

Effects on import-export policy include changes in trade regulations and tariffs.

How does globalization affect foreign currency?

Globalization can impact foreign currency exchange rates.

What are some sources of globalization?

<p>Sources of globalization include international economic activity, global liberalization, technological changes, improvement in transportation, and globalized production structures.</p> Signup and view all the answers

What are some causes of globalization?

<p>Causes of globalization include improved communications, improved transport, free trade agreements, global banking, and the growth of multinational corporations (MNCs).</p> Signup and view all the answers