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
Correct Answer: Growth in global supply chains
Solution : Globalization has led to the growth in global supply chains, which has significantly impacted international trade by increasing the volume and complexity of trade flows.
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 : 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 : To mitigate the negative effects of globalisation, countries can focus on:
Option 1: Reducing international cooperation
Option 2: Promoting equitable growth
Option 3: Increasing trade barriers
Option 4: Encouraging monopolies
Question : Globalisation has contributed to the rise of:
Option 1: National stock markets
Option 2: Localized economic policies
Option 3: Global supply chains
Option 4: Trade protectionism
Question : What is a significant impact of NGOs on global governance?
Option 1: They replace the role of governments
Option 2: They contribute to shaping policies and promoting accountability
Option 3: They control international trade agreements
Option 4: They enforce international laws
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