The Global Economy — Test

Question 1

Why does the US import oil?

Revolt · Accepted Answer

because it does not produce any oil at all

Question 2

Which statement accurately describes a developing country?

Revolt · Accepted Answer

The country's population has a high growth rate.; The country's population has a high life expectancy.

Question 3

Which statement best describes how globalization is affecting the world?

Revolt · Accepted Answer

The world is becoming more globalized and connected.

Question 4

"GDP per capita" means that the GDP is calculated per

Revolt · Accepted Answer

person.

Question 5

How has a change in internet access from 2003 to 2019 most likely affected globalization?

Revolt · Accepted Answer

A 40 percent decrease in internet access has most likely had little effect on globalization.

The Global Economy — Test Answers