Prelims in TCW PDF

What is Globalization? The process of someone trying to take over the world When we all do they same thing The process by which people their ideas and their activities in different parts of the world become interconnected Never heard of it **Correct** 1/1 Points 2.A policy in which a nation d...

What is Globalization? The process of someone trying to take over the world When we all do they same thing The process by which people their ideas and their activities in different parts of the world become interconnected Never heard of it **Correct** 1/1 Points 2.A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (taxes on exports). Free Trade Goods Trade Supply and Demand **Correct** 1/1 Points 3.Examples of Globalization are: Internet Attending lectures by a British professor teaching in an American University Selling local products in the global market All of the above **Correct** 1/1 Points 4.Factories or other aspects of industry or business are relocated to a pace that is cheaper to do business. Offshoring Outsourcing **Correct** 1/1 Points 5.The global interstate system refers to the network of relationships between: Corporations and governments States and non-state actors International organizations and individuals All of the above **Correct** 1/1 Points 6.A country is criticized by the United Nations for its handling of a national crisis. However, the country refuses to change its policies, citing its right to self-governance. This conflict illustrates tension between: National sovereignty and global governance Regionalism and globalism Supranationalism and local governance Global citizenship and cultural identity **Correct** 1/1 Points 7.A local clothing company in a developing country faces stiff competition from foreign brands due to free trade agreements. What is the most likely consequence for the local company? Increased profits due to competition Forced to reduce prices or improve quality to remain competitive Monopoly in the domestic market Complete shutdown of the foreign brands **Correct** 1/1 Points 8.An international corporation opens a new branch in a developing nation, providing jobs and technology transfer. What is the most likely immediate impact on the host country\'s economy? Decrease in foreign direct investment Increase in unemployment Creation of jobs and economic growth Local businesses becoming global corporations **Correct** 1/1 Points 9.The movement of jobs from the U.S to countries like India is an example of which of the following? Offshoring Outsourcing **Correct** 1/1 Points 10.The concept of **dependency theory** suggests that the global economy: Benefits equally from both developed and developing nations Is structured to benefit wealthy nations at the expense of poorer ones Enables countries in the Global South to surpass those in the North Has no impact on global inequality **Correct** 1/1 Points 11.Communications slowed down transportation of goods. True False **Correct** 1/1 Points 12.Which of the following describes the principle of **state sovereignty** in the global interstate system? States are subject to the authority of international organizations States have the right to govern themselves without external interference States must align their policies with regional organizations States are required to adopt a universal legal system **Correct** 1/1 Points 13.The **global interstate system** can be significantly affected by which of the following events? The formation of a new international environmental policy The expansion of social media platforms A national government implementing tax reforms The outbreak of war between two or more countries **Correct** 1/1 Points 14.The **North-South divide** refers to the socio-economic and political differences between: Eastern and Western countries Developed and developing countries Coastal and inland regions Cold and tropical climate zones **Correct** 1/1 Points 15.A developing country adopts global standards in education and human rights due to international pressure. What would World Polity Theory suggest is the primary reason for this adoption? Genuine belief in the superiority of these standards To maintain the country's unique cultural identity To align with global norms and gain legitimacy in the international system To reject the influence of core nations **Correct** 1/1 Points 16.An emerging market country joins a global trade organization. What is the likely effect on its domestic economy? Isolation from global trade Increased foreign investment and access to international markets Decrease in domestic production Closure of all foreign-owned businesses **Correct** 1/1 Points 17.A newly independent country rapidly adopts Western-style governance and educational systems. How would World Polity Theory explain this adoption? The country is trying to imitate former colonial powers The country wants to align with globally accepted standards and norms The country is resisting international influence The country is focused on short-term economic gain **Correct** 1/1 Points 18.Which of these is an example of economic changes in the global context? New £10 note Electronic banking High street banks opening Saving accounts **Correct** 1/1 Points 19.The **Non-Aligned Movement (NAM)**, founded during the Cold War, primarily consisted of: Countries aligned with the Soviet Union Economically developed countries from the Global North Countries from the Global South that did not align with either superpower Nations that were part of NATO **Correct** 1/1 Points 20.A nation is experiencing significant brain drain as its highly skilled workforce moves to developed countries for better opportunities. What might be a consequence of this trend? Improved local workforce Slower economic growth due to loss of talent Increase in skilled labor within the country Decreased demand for education **Incorrect** 0/1 Points 21.A multinational corporation from a core nation sets up factories in a peripheral nation, where labor is cheap. What would World-Systems Theory suggest is the primary motivation behind this decision? To develop the peripheral nation's economy To benefit the peripheral nation with technology transfer To exploit cheap labor and maximize profits To promote global equality and cooperation **Correct** 1/1 Points 22.A developing nation signs a climate agreement with other countries, agreeing to limit its carbon emissions in exchange for financial aid and technical assistance. This is an example of: Global governance Bilateral diplomacy National isolationism National sovereignty **Correct** 1/1 Points 23.What are some positive effects of Globalization ? Increased freedom to travel and immigrate, better access to medicine, information, and technology. Less pollution in the world Lower prices for developed countries and low paying jobs in underdeveloped countries All of the above **Incorrect** 0/2 Points 24.What are the two elements of economic globalization? **Correct** 1/1 Points 25.A small country, facing pressure from larger international powers, agrees to adopt trade policies aligned with a global economic union. Which concept of political globalization is being illustrated? Regionalization Supranationalism Isolationism National sovereignty **Correct** 1/1 Points 26.The globe is \'shrinking\' because we: we can talk to people overseas instantly. can travel and communicate much quicker than we could years ago. of climate change have transnational corporations. Who are the 4 agents of globalization during the ancient until the first industrial revolution? Traders, explorers, soldiers, sailors. Which of the following is considered part of the \"Global North\"? Brazil India Canada South Africa **Correct** 1/1 Points 29.Core countries dominate the global economy through control of high technology and financial services. How does this affect peripheral countries according to World-Systems Theory? Peripheral countries will benefit equally from the global economy Peripheral countries will become centers of technological innovation Peripheral countries remain dependent on core countries for technology and capital Peripheral countries will establish their own core economies **Correct** 1/1 Points 30.The **North-South divide** primarily distinguishes countries based on: Population density Socio-economic development Geographical location Cultural diversity **Correct** 1/1 Points 31.A country in the \"periphery\" of the world economy is experiencing a surge in raw material exports to core nations. What is the likely long-term impact of this dependency according to World-Systems Theory? Economic independence and prosperity Industrial development and technological innovation Continued exploitation and economic stagnation Equalization of wealth between core and periphery nations **Incorrect** 0/1 Points 32.What does TNC stand for? Trans national corporations Trans national countries Trade nations conference Trial national cooperations **Correct** 1/1 Points 33.Globalization allows: People, goods and information to travel more quickly around the world. us to travel faster. us to buy goods from the internet. us to watch movies from all over the world. **Correct** 1/1 Points 34.Hiring outside suppliers to handle work that was once done in-house for higher costs. Offshoring Outsourcing **Correct** 1/1 Points 35.Mc Donald\'s  is an example of a multinational corporation. True False **Correct** 1/1 Points 36.Which of the following institutions is central to the global interstate system by providing a forum for states to negotiate and resolve disputes? World Trade Organization (WTO) International Monetary Fund (IMF) United Nations (UN) Greenpeace **Correct** 1/1 Points 37.The European Union\'s ability to enforce laws on member states, even when these laws conflict with national policies, reflects which of the following aspects of political globalization? Regionalization Supranationalism Intergovernmentalism National sovereignty **Correct** 1/1 Points 38.What is a transnational company? Moving across the world Getting a job from a company thats in a different country than you are in Large global firms that operate in a number of countries Selling goods to countries **Incorrect** 0/1 Points 39.A multinational organization imposes sanctions on a country for violating human rights. This action represents the increasing role of: Regionalization Supranationalism Intergovernmentalism National sovereignty **Correct** 1/1 Points 40.Which of the following best describes a common characteristic of countries in the Global South? High levels of industrialization Advanced technological infrastructure Strong military alliances Higher poverty rates and less developed economies **Correct** 1/1 Points 41.Exchange of goods and services by sale or barter driven by the need for resources and by the amount of resources. Fair Trade Trade Globalization Standard of Living **Correct** 4/4 Points 42.Dimensions of Globalization **Correct** 1/1 Points 43.A developing country receives significant foreign direct investment (FDI) from a multinational corporation to build new infrastructure. Which of the following is a potential downside of this investment? Decreased local employment Dependence on the multinational corporation for economic growth Increased national sovereignty Higher tariffs on foreign goods