Question : What is a significant impact of globalisation on international trade?  

Option 1: Decrease in trade agreements  

Option 2: Increase in trade barriers  

Option 3: Growth in global supply chains  

Option 4: Reduction in international trade volume

Question : What has been a key feature of global trade in the era of globalisation? 

Option 1: Decreased international trade agreements 

Option 2: Reduced flow of goods and services across borders 

Option 3: Increased protectionism by all countries  

Option 4: Growth in global supply chains

Question : Which of the following best describes the concept of "global village"?

Option 1: A world divided by cultural differences

Option 2: A world where global trade is minimized

Option 3: A world interconnected by communication technologies

Option 4: A world with increasing national borders

Question : Which of the following is a political change resulting from globalization?  

Option 1: Decrease in international agreements  

Option 2: Weakening of national sovereignty  

Option 3: Reduction in diplomatic relations 

Option 4: Increase in isolationist policies

Question : What is a significant impact of globalization on markets?

Option 1: Decrease in international trade

Option 2: Homogenization of consumer preferences

Option 3:  Elimination of all trade barriers

Option 4: Reduction in technological innovation