AnswersPHS Government CRThe Contemporary Global Economy

The Contemporary Global Economy Answers

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Which is the best definition of the term outsource?

A
an economic activity without major restrictions
B
the use of foreign resources instead of domestic resources
C
a hiring process by a company that does business in two or more nations
D
the trend toward a world that is more interconnected by technology, trade, and travel
3

Which are negative aspects of globalization? Check all that apply. a loss of regional jobsa loss of individual culturesa loss of social awarenessan increase in environmental problemsa rise in health risks

A
a loss of regional jobs
B
a loss of individual cultures
C
a loss of social awareness
D
an increase in environmental problems
E
a rise in health risks
4

This graph shows the US-Ghana trade relationship. In which year did the US run a trade deficit with Ghana?

Question illustration
A
1992
B
1996
C
2000
D
2004
5

Which US president signed NAFTA into law?

A
Ronald Reagan
B
Bill Clinton
C
George W. Bush
D
Barack Obama
6

This table shows select US trading partners for 2015. According to the chart, with which countries did the US have a trade surplus in 2015? Check all that apply.JapanAustraliaBrazil GermanyRussia

Question illustration
A
Japan
B
Australia
C
Brazil
D
Germany
E
Russia
7

This bar graph shows US imports from and exports to Mexico from 1985–2015. Based on this graph, which are accurate statements about US trade with Mexico since the time NAFTA was signed? Check all that apply. The value of US exports to and imports from Mexico have grown at the same pace. US exports to Mexico have increased. US imports from Mexico have increased. The US imports more from Mexico than it exports. US trade with Mexico increased dramatically.

Question illustration
A
The value of US exports to and imports from Mexico have grown at the same pace.
B
US exports to Mexico have increased.
C
US imports from Mexico have increased.
D
The US imports more from Mexico than it exports.
E
US trade with Mexico increased dramatically.
8

What role did social media play in politics in Iran in 2009?

A
It was used to show support for the Islamic regime change.
B
It was used as a way to protest the results of the election.
C
It was used as a means of advertising candidate platforms.
D
It was used to protest the US influence on Iranian leadership.
9

Which business is an example of a multinational corporation?

A
a Canadian restaurant chain with locations across Canada
B
a US-based coffee chain with locations worldwide
C
an Indian automaker that supplies low-cost vehicles across India
D
a British boutique with a few stores located in high-end neighborhoods
10

Which statement is most likely true of countries that average one computer per person?

A
They have a high deficit.
B
They have a high gross domestic product (GDP).
C
They have low purchasing power parity (PPP).
D
They have low outsourcing needs.

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