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

Question : Globalization has led to:

Option 1: A decrease in cultural diversity

Option 2: An increase in local market autonomy

Option 3: A reduction in international trade barriers

Option 4: A decline in multinational corporations

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 :  The "skill-biased technological change" refers to:

Option 1: The increase in demand for skilled workers due to technological advancements

Option 2: The decline in demand for skilled workers due to technological advancements

Option 3: The impact of government regulations on technological progress

Option 4: The effect of globalization on the labor market

Question : The process of globalization in Human Geography is associated with:

Option 1: The decrease in cultural diversity

Option 2: The increase in local economic activities
 

Option 3: The reduction in global communication

Option 4: The growth in national isolation