Question

1. The following are accurate about globalization EXCEPT:

a.Each country can profit by developing what they are best at doing in the global economy.

b.Globalization will automatically lead to world peace.

c.Removal of trade barriers forces certain inefficient industries to improve in order to compete in the global economy.

d.Globalization encourages the worldwide sharing of new ideas and technologies.

2. International globalization can increase

a.deforestation

b.air and water pollution

c.climate change

d.air and water pollution, climate change, and deforestation

3. Critics of globalization in the past mainly complained:

a.Western governments in particular were not spending enough to fight global warming and climate change.

b.Expenses to governments for environmental protection always cost employees their jobs.

c.All international trade agreements to promote greater trade always harmed national environmental protection laws.

d.Economic development always results in damage to the environment.

4. Multinational corporations choose to set up production primarily where there exist

a.Cheap goods

b.Cheap labour availability

c.Economic sustainability

d.None of these

Answer 1