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    Quiz On Economic Globalization

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    Kc Sevilla
    Economic globalization is the growth of economic activities between countries. It refers to the integration of economies around the world. Globalization is not a new phenomenon and different aspects of globalization are interconnected processes rather than independent ones. The fall of the Berlin Wall symbolized the collapse of communism and ideological divides, paving the way for reunification and equal opportunities in Germany.

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    Quiz On Economic Globalization

    Uploaded by

    Kc Sevilla
    306 views2 pages
    Economic globalization is the growth of economic activities between countries. It refers to the integration of economies around the world. Globalization is not a new phenomenon and different aspects of globalization are interconnected processes rather than independent ones. The fall of the Berlin Wall symbolized the collapse of communism and ideological divides, paving the way for reunification and equal opportunities in Germany.

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    Quiz_on_Economic_Globalization.docx

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    Economic globalization is the growth of economic activities between countries. It refers to the integration of economies around the world. Globalization is not a new phenomenon and different aspects of globalization are interconnected processes rather than independent ones. The fall of the Berlin Wall symbolized the collapse of communism and ideological divides, paving the way for reunification and equal opportunities in Germany.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    306 views2 pages

    Quiz On Economic Globalization

    Uploaded by

    Kc Sevilla
    Economic globalization is the growth of economic activities between countries. It refers to the integration of economies around the world. Globalization is not a new phenomenon and different aspects of globalization are interconnected processes rather than independent ones. The fall of the Berlin Wall symbolized the collapse of communism and ideological divides, paving the way for reunification and equal opportunities in Germany.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    1.

    _________ is the growth of economic activities between and among countries


    Economic Globalization
    Globalization
    economic globalization
    2. Economic globalization requires internalization
    False
    3. _________ is process whereby products sold by a company are supplied by different
    economic players around the world.
    Global production
    Globalization of production
    Supply-chaining
    4. Globalization is nothing but the integration of the economies around the world.
    False
    5. Which is not one of the flatteners of the world according to Friedman?
    Networking
    6. _____ is the process by which the tasks of a company are performed by workers
    residing in different countries
    Global trade
    Globalization of goods
    Outsourcing
    7. Thomas Friedman is the author of the book, The World is Flat
    True
    8. _____ is the process by which people around the world may collaborate on a certain
    project.
    Flattening the world
    Invention of Work Flow Software
    Open-sourcing
    9. The world is flat means equal opportunity for all.
    True
    10. _____ is the process whereby an independent contractor is allowed to enter the system
    of a company to perform some of its operations.
    Insourcing
    11. _____ refers to the integration of the economies around the world.
    Economic Globalization
    12. Globalization 1.0 happened in 1800-2000.
    False
    13. For Benczes, the major players of the globalization 2.0 were the multinational
    corporations.
    False
    14. Why is the fall of Berlin Wall a world flattening event according to Friedman?
    a. It liberated people from East Germany, giving them equal opportunities as the
    people in West Germany.
    b. It symbolized the collapse of communism
    c. It brought about the symbolic collapse of the ideological divide between

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    https://www.coursehero.com/file/108578928/Quiz-on-Economic-Globalizationdocx/
    capitalism and communism
    d. It paved the way to the reunification of Germany, removing the barriers between
    them
    15. The different aspects of globalization are independent processes.
    False
    16. Globalization is a new phenomenon
    False
    17. Economic globalization is incompatible with regionalization
    False
    18. What is not an aspect of economic globalization
    globalization of culture
    19. The Fall of London Bridge is one of the flatteners of the world.
    False
    20. Why is outsourcing a world flattener for Friedman?
    With the invention of software apps, works may to be performed in any place
    around the world.
    21. Which is not one of the flatteners of the world according to Friendman?
    Networking

    This study source was downloaded by 100000869214740 from CourseHero.com on 07-12-2023 08:10:33 GMT -05:00

    https://www.coursehero.com/file/108578928/Quiz-on-Economic-Globalizationdocx/
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