Question : How is economic inequality related to globalization?
Option 1: Globalization has uniformly reduced economic inequality
Option 2: Globalization has exacerbated economic inequality within and between countries
Option 3: Globalization has no impact on economic inequality
Option 4: Globalization has only affected inequality in developed countries
Correct Answer: Globalization has exacerbated economic inequality within and between countries
Solution : Globalization has often been criticized for exacerbating economic inequality, as benefits may be unevenly distributed within and between countries.
Question : What is a criticism of globalisation regarding economic inequality?
Option 1: It has eliminated economic inequality
Option 2: It has led to a more equitable distribution of wealth
Option 3: It has exacerbated economic inequality between and within countries
Option 4: It has no impact on economic inequality
Question : The impact of globalization on developing countries' economies is often:
Option 1: Uniformly positive
Option 2: Negligible
Option 3: Mixed, with both positive and negative aspects
Option 4: Entirely negative
Question : Which of the following countries has the highest rate of absolute poverty?
Option 1: Capitalist countries
Option 2: Developing countries
Option 3: Underdeveloped countries
Option 4: Developed countries
Question : The quest for a New International Economic Order was primarily advocated by:
Option 1: Developed countries
Option 2: Socialist countries
Option 3: Developing countries
Option 4: Non-aligned countries
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