Discuss the Critics of globalization argue

 

Question

Question 1. Question :

Exports are:

all goods and services sold abroad and sent out of a country.

all goods and services purchased abroad and brought into a country

Any commercial transaction that crosses the borders of two or more nations.

none of the above.

Question 2. Question :

All goods and services purchased abroad and brought into a country are called ________.

domestic products

exports

national products

imports

Question 3. Question :

International business is:

all goods and services sold within a country.

use of computer networks to purchase, sell, or exchange products.

any commercial transaction that crosses the borders of two or more nations.

none of the above

Question 4. Question :

________ is the trend toward greater economic, cultural, political, and technological interdependence among national institutions and economies.

International business

Denationalization

Globalization

E-business

Question 5. Question :

A major flaw of the original General Agreement on Tariffs and Trade (GATT) was that it lacked the power to:

erect barriers to trade.

dismantle bilateral trade agreements.

govern exchange rates.

enforce world trade rules.

Question 6. Question :

The _______ is charged with resolving disputes among members.

NAFTA

GATT

WTO

None of the above

Question 7. Question :

Which of the following describes the value of a nation’s good goods and services produced by a domestic economy divided by its population?

Gross domestic product (GDP)

Gross domestic product (GDP) per capita

Gross national product (GNP) per capita

Gross national product (GNP)

Question 8. Question :

Which of the following was created to regulate fixed exchange rates and enforce the rules of the international monetary system?

International Monetary Fund

World Trade Organization

European Union

World Bank

Question 9. Question :

Critics of globalization argue that globalization causes environmental conditions to:

increase gradually.

remain at status quo levels.

decline slightly, then level off.

decline significantly.

Question 10. Question :

Which of the following terms is defined as the set of values, beliefs, rules, and institutions held by a specific group of people?

Customs

Rituals

Culture

Aesthetics

Question 11. Question :

The belief that one’s own ethnic group or culture is superior to that of others is referred to as:

cultural inheritance.

cultural diffusion.

cultural literacy.

ethnocentricity.

Question 12. Question :

Which of the following terms is used to refer to the positive or negative evaluations, feelings, and tendencies that individuals harbor toward objects or concepts?

Customs

Attitudes

Manners

Values

Question 13. Question :

Which of the following terms is used to refer to any element that represents a culture’s way of life, including gestures, material objects, traditions, and concepts?

Intangible product

Tangible product

Aesthetic

Cultural trait

Question 14. Question :

Which of the following terms is used to refer to habits or ways of behaving in specific circumstances that are passed down through generations?

Customs

Attitudes

Values

Manners