The Globalization Quiz

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Questions and Answers

Which of the following is NOT an aspect of globalization?

  • Territorialism (correct)
  • Production process
  • Free trading
  • Internationalization of financial transactions

What does the term 'globality' refer to?

  • Supra-territoriality
  • Trans-planetary connectivity (correct)
  • Free trading
  • Liberalization

What does the term 'globalism' not eliminate?

  • Liberalization
  • Trans-planetary connectivity
  • Territorialism (correct)
  • Supra-territoriality

What is the political order of the future according to the text?

<p>Regional economies linked together (A)</p> Signup and view all the answers

What does 'liberalization' refer to in the context of globalization?

<p>Removal of constraints on resource movements between countries (A)</p> Signup and view all the answers

Flashcards

Globality

Focuses on connections across the planet, transcending traditional borders.

Liberalization in Globalization

It is the process of removing restrictions on the movement of resources between countries.

Future Political Order

Political structure characterized by interconnected regional economies.

Territorialism

The traditional concept of dividing the world into distinct, bounded territories.

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What globalism does NOT eliminate.

Globalism will never eliminate territorialism

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Study Notes

Aspects of Globalization

  • National sovereignty is an aspect of globalization
  • Cultural homogenization is an aspect of globalization
  • Environmental degradation is an aspect of globalization
  • Economic interdependence is an aspect of globalization

Globality and Globalism

  • Globality refers to the fact that the world is becoming increasingly interconnected
  • Globalism does not eliminate national sovereignty

The Future Political Order

  • The future political order is expected to be a multipolar world

Liberalization

  • In the context of globalization, liberalization refers to the removal of trade barriers and deregulation of markets

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