Question : What challenge do South Asian countries face due to economic globalization?
Option 1: Decline in traditional cultural practices
Option 2: Increased vulnerability to global economic shocks
Option 3: Decreased foreign direct investment
Option 4: Reduction in regional trade agreements
Correct Answer: Increased vulnerability to global economic shocks
Solution : Due to economic globalization, South Asian countries face the challenge of increased vulnerability to global economic shocks, which can have significant impacts on their economies.
Question : What is a consequence of globalization on economic change?
Option 1: Decreased trade barriers
Option 2: Lowered economic growth
Option 3: Increased self-sufficiency
Option 4: Reduced global competition
Question : What is a key feature of economic globalization?
Option 2: Increased nationalization
Option 3: Reduced foreign investment
Option 4: Decline in international cooperation
Question : What is a key aspect of globalization?
Option 1: National isolation
Option 2: Increased global interconnectivity
Option 3: Decrease in trade
Option 4: Reduction in cultural exchange
Question : What is a positive impact of economic globalization on South Asia?
Option 1: Decreased foreign investment
Option 2: Increased regional isolation
Option 3: Enhanced connectivity with global markets
Option 4: Reduced cultural diversity
Question : What is a challenge of globalization?
Option 1: Increased cultural diversity
Option 2: Enhanced global cooperation
Option 3: Growing economic inequality
Option 4: Improved environmental standards
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