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Globalization and International Trade

POLS 1053 Quizzes unit 1 1. Investment has the power to alter the way of production, via therefore, create more change than just the trading of materials. , and can. The correct answer is: Knowledge, technology, and management techniques 2. What Internet-based communication platforms have made it much simpler for people to connect with others that have the same personal or professional interests? The correct answer is: All of the above 3. changing the way people live their lives nowadays. The correct answer is: Information technology is 4. What advancements have revolutionized the using and sharing of information amongst people, for personal, commercial, and even political reasons? The correct answer is: Both A and B 5. Standards that regulate or fail to regulate foreign flows of investment, can have a powerful and lasting impact on issues regarding: The correct answer is: All of the above In a globalized world, having a competitive edge is key to dominating an industry. To stay competitive, this oftentimes means business owners outsource from different countries. Select one: c a. Goods b. Labor C. Both A and B d. None of the Above Feedback Your answer is correct. The correct answer is: Labor Question 2 Correct Mark 1.00 out of 1.00 Flag question Question text Kenya on competition regulations intended to break cartels in core business functions. Select one: tru D a False Feedback The correct answer is 'False' Question 3 Correct Mark 1.00 out of 1.00 Flag question Question text The World-System Theory of globalization is explained by: Select one: c a. The presence of the World Wide Web through the internet b. Modern world cultures seeking to transform and blend with other cultures C. A capitalist world system that spreads across the globe d. A movement to unite the world religions into one common religion Feedback The correct answer is: A capitalist world system that spreads across the globe Question 4 Correct Mark 1.00 out of 1.00 Flag question Question text Globalization is a process of integration of people, companies, and nations which is driven by which of the following three influences: Select one: a. Economic issues, natural disasters, and political strife a b. International trade, investment, and information technology c C. Food, oil, and water shortages d. Language barriers, political corruption, and greed Feedback The correct answer is: International trade, investment, and information technology Question 5 Correct Mark 1.00 out of 1.00 Flag question Question text Globalization is currently widely celebrated as a new birth of freedom. Select one: Q True a False Feedback The correct answer is 'False