Westernization and Commoditization Answers

Which of the following nations or regions does not dominate the global marketplace? A. the United States B. Japan C. South Asia D. Western Europe Please select the best answer from the choices provided.

Many products and services are available to the global society as a result of the WTO. Which of the following goods or services would not fall under WTO jurisdiction? A. cars B. oil C. bananas D. health care Please select the best answer from the choices provided.

Which of the following is not a way in which MNCs typically promote economic growth within a host country? A. They create jobs. B. They always provide retirement and other benefits. C. They often provide training to local workers for increased productivity and efficiency. D. They often provide higher wages to their employees than domestic firms in the host country. Please select the best answer from the choices provided.

Countries that are on the rise economically and growing in importance in the global economy but still have large numbers of the population living in poverty are considered __________ economies. A. core B. semi-periphery C. periphery D. external Please select the best answer from the choices provided.

In which of the following scenarios would the WTO be criticized? A. Less-expensive goods promote consumer well-being. B. BMW of Germany can sell its cars in the United States. C. Japanese car manufacturing boosts the nation’s economy. D. A Japanese textile company purchases US cotton instead of Kenyan cotton. Please select the best answer from the choices provided.