AnswersS1S-OC W. HistGeoCult 10B E1172 - AGDemocratic Reform in Mexico

Economic Globalization Answers

10 verified answers1 views
1
Free Preview

Globalization has led nations to join trade organizations in order to

A
be able to compete better.
B
regulate the supply of products.
C
respond better to global trends.
D
monitor the global economy.
2
Free Preview

The chart shows the percentage of population growth in different countries.Based on the chart and the information in the lesson, which nation can expect to experience the most social issues of a developing country?

Question illustration
A
Angola
B
Iraq
C
United Kingdom
D
United States
3

Why do companies choose to outsource work?

A
to increase profits
B
to improve products
C
to cut transportation costs
D
to develop local resources
4

The graph shows US Oil Import Prices from 1995 to 2010.What most likely caused the steady increase in price per barrel of oil between 2001 and 2008?

Question illustration
A
a global recession
B
scarcity of petroleum
C
a large population growth
D
demand from developing countries
5

How has the Internet improved business communication worldwide? Select three options. It allows for instant communication.It enables people to monitor economic trends.It always provides reliable information.It ensures all messages are secure from hackers.It makes it possible to buy and sell instantly.

A
It allows for instant communication.
B
It enables people to monitor economic trends.
C
It always provides reliable information.
D
It ensures all messages are secure from hackers.
E
It makes it possible to buy and sell instantly.
6

Which group is an example of a commodity organization?

A
European Union
B
World Trade Organization
C
North American Free Trade Agreement
D
Organization of Petroleum Exporting Countries
7

A multinational organization is defined as a business that

A
participates in all trade organizations.
B
operates in multiple countries.
C
is always not for profit.
D
only hires employees through outsourcing.
8

The graph below shows global trade and percentage of GDP.What conclusion should be drawn from the graph?

Question illustration
A
Trade has minimal impact on GDP.
B
Trade increased between 1980 and 1990.
C
Trade between nations declined between 1990 and 2000.
D
Trade increases create higher GDP percentage rates.
9

What are the purposes of international economic organizations? Select three answers.to resolve trade disputesto decrease regulation of product supply chainsto promote fair and successful tradeto solve the problems of various countriesto encourage trade in developing countries

A
to resolve trade disputes
B
to decrease regulation of product supply chains
C
to promote fair and successful trade
D
to solve the problems of various countries
E
to encourage trade in developing countries
10

As economies grow, they demand more

A
financial assistance.
B
raw materials.
C
available labor.
D
defense services.

Did you find these answers helpful?

More from this Course

Quiz
10 verified answers

Democratic Reform in Mexico

Quiz
1 verified answers

Democratic Reform in Mexico

Quiz
10 verified answers

Decolonization in Africa