Question : Which of the following is a key driver of globalization?
Option 1: Decreased communication technology
Option 2: Increased trade barriers
Option 3: Advances in transportation
Option 4: Reduced foreign direct investment
Correct Answer: Advances in transportation
Solution : Advances in transportation technology, such as airplanes and shipping, are key drivers of globalization, enabling faster and more efficient movement of goods and people across borders.
Question : What is a key characteristic of economic globalization?
Option 1: Decreased international trade
Option 2: Increased protectionism
Option 3: Increased flow of capital across borders
Option 4: Decreased foreign direct investment
Question : What is a key feature of economic globalization?
Option 1: Decreased trade barriers
Option 2: Increased nationalization
Option 3: Reduced foreign investment
Option 4: Decline in international cooperation
Question : What is a key benefit of international trade for developing countries?
Option 1: Decreased economic growth
Option 2: Increased self-sufficiency
Option 3: Access to advanced technologies
Option 4: Reduced need for foreign investment
Question : What is a consequence of globalization on economic change?
Option 2: Lowered economic growth
Option 3: Increased self-sufficiency
Option 4: Reduced global competition
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