Globalization — Cumulative exam Answers
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Which is an example of a country that is overly dependent on another country for critical goods and services?
A
a country that imports all its oilB
a country that imports all of its luxury goodsC
a country that licenses some television showsD
a country that has some international businesses22
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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.23
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
A
to take advantage of affordable land pricesB
to take advantage of abundant resourcesC
to take advantage of lower labor costsD
to take advantage of favorable tax lawsE
to take advantage of US employment opportunities24
best
T
The US and Western Europe are strong because they have high GDPs.T
The US and Western Europe are weak because they have low GDPs.T
The US and Western Europe are strong because they have low GDPs.T
The US and Western Europe are weak because they have high GDPs.25
On which country has the United States imposed an embargo since 1960?
A
CubaB
IranC
North KoreaD
SyriaDid you find these answers helpful?
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