Understanding Globalization Quiz
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Questions and Answers

What is the main focus of globalization of markets?

  • Promotion of local tastes and preferences
  • Integration of different international markets into one global marketplace (correct)
  • Reduction of domestic market barriers
  • Standardization of production processes across different countries
  • What is an example of a global norm as mentioned in the text?

  • Using locally produced furniture
  • Purchasing from international fast food chains (correct)
  • Consuming region-specific soft drinks
  • Following traditional cultural practices
  • How has aggressive global marketing contributed to globalization of markets?

  • By promoting local products over global brands
  • By standardizing customer preferences worldwide
  • By discouraging cross-border trade
  • By facilitating the spread of global tastes and preferences (correct)
  • What has led to the acceleration of international sales for countries?

    <p>Reduced tariffs and trade barriers</p> Signup and view all the answers

    How has the Chinese film market changed in relation to globalization?

    <p>It has lowered trade barriers to foreign films and experienced explosive domestic box office growth</p> Signup and view all the answers

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