Globalization Answers
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21
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Gross domestic product tracks economic growth by measuring all goods and services
A
exported by an economy.B
produced by an economy.C
imported by an economy.D
purchased by an economy.22
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How has globalization made countries more interdependent? Choose five answers.
A
Countries now rely on one another for vital resources.B
Countries now rely on each other for new industries.C
Countries now rely on one another for chances to import and export.D
Countries now rely on one another to lower their GDP.E
Countries rely on each other for cheaper products.F
Countries now rely on one another for an employment base.23
The graph shows households in the world with internet access from 2003 to 2019.
A
A 30 percent increase in internet access has most likely had little effect on globalization.B
A 40 percent decrease in internet access has most likely had little effect on globalization.C
A 50 percent increase in internet access has most likely sped up globalization.D
A 60 percent decrease in internet access has most likely slowed down globalization.24
The chart shows a circular flow model describing the movement of goods and services.
A
The foreign sector influences how services move between firms and households.B
The foreign sector influences how imports and exports move between firms and households.C
The foreign sector influences how factors of production move between firms and households.D
The foreign sector influences how goods move between firms and households.25
Technologies that allow for instant worldwide communication include
A
high-speed trains and naval ships.B
mobile phones and Internet access.C
airplanes and container shipping.D
outsourcing and new trade markets.26
The images show the cost of the same bike in the United States and Britain.
A
purchasing power parity.B
exchange rates.C
factors of production.D
gross domestic product.27
The graph shows China’s workforce from 2000 to 2019.
A
agriculture and away from services.B
services and away from agriculture.C
industry and away from services.D
agriculture, services, and industry.28
Which technologies have made global communication instant and more effective? Choose three answers.
A
social mediaB
wireless devicesC
smart phonesD
automobilesE
printed newspapers29
How have airplanes changed the way the world does business? Choose four answers.
A
by shipping raw materials to manufacture goods in other countriesB
by shortening travel timeC
by opening up new trade markets worldwideD
by connecting business partners the fastestE
by increasing options for travel destinationsDid you find these answers helpful?
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