Globalization

Question 1

How has globalization made countries more interdependent? Choose five answers.Countries now rely on one another for vital resources.Countries now rely on each other for new industries.Countries now rely on one another for chances to import and export.Countries now rely on one another to lower their GDP.Countries rely on each other for cheaper products.Countries now rely on one another for an employment base.

Revolt · Accepted Answer

18269,18270,18271,18273,18274

Question 2

The chart shows a circular flow model describing the movement of goods and services.

Revolt · Accepted Answer

T: The foreign sector influences how imports and exports move between firms and households.

Question 3

Gross domestic product tracks economic growth by measuring all goods and services

Revolt · Accepted Answer

B: produced by an economy.

Question 4

Which technologies have made global communication instant and more effective? Choose three answers.social mediawireless devicessmart phonesautomobilesprinted newspapers

Revolt · Accepted Answer

A: social media; B: wireless devices; C: smart phones

Question 5

The images show the cost of the same bike in the United States and Britain.

Revolt · Accepted Answer

A: purchasing power parity.

Question 6

The graph shows households in the world with internet access from 2003 to 2019.

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C: A 50 percent increase in internet access has most likely sped up globalization.

Question 7

Purchasing power parity is used to compare the gross domestic product between

Revolt · Accepted Answer

c: countries' currencies.

Question 8

What are the most likely reasons a US corporation would open a factory in China? Choose four answers.to take advantage of affordable land pricesto take advantage of abundant resourcesto take advantage of lower labor coststo take advantage of favorable tax lawsto take advantage of US employment opportunities

Revolt · Accepted Answer

83662,83663,83664,83665

Question 9

The graph shows China’s workforce from 2000 to 2019.

Revolt · Accepted Answer

B: services and away from agriculture.

Question 10

Globalization leads to more trade between

Revolt · Accepted Answer

c: countries.

Globalization Answers

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