Chapter 6
F
the WTO conducts negotiations, called cycles on various topics, rotating its meetings among different cities
F
the WTO lent over 2 billion dollars 2002
all of the above
the acceleration of globalization has been driven by
3 billion
the amount owed to the world bank in them id 2000s was
impose strict restrictions on debtor countries which can sometimes lead to hardship
the loan policies of the world bank
to make currency exchange easier
the primary purpose of the international monetary fund
to eliminate barriers to free trade among nations
the purpose of the world trade organization
F
most nations in the world share similar political social and economic beliefs
the size of the member nations economy
representation on the world bank's broad of directors is based on
F
the 3 strategies of globalization can be summarized by sell, buy and ship
F
the United nations believes there was approx 109,000 TNCs
all of the above
An individual who is a supporter of globalization would argue that it helps the developing world by
T
As the world has become freer politically and economically the gaps between the richest and the poorest countries have risen
F
Critics of globalization support the spread of american ideals and culture throughout the rest of the world
T
Futurists, allen hammond, argues that globalization helps to support the spread of democracy and freedom
T
Gemstones which are mined or stolen by rebels fighting recognized government are known as conflict diamonds
F
Globalization is accepted worldwide and creates little controversy
F
Only manufacturing jobs are being lost through globalization
some of all of their manufacturing or service operations abroad
a firm that has global operations has
purchases raw materials, components or supplies from sellers in other countries
a firm that would like to develop a global supply chain world
societal order
a governments primary goal is
a central state control system
a society where economic power is concentrated in the hands of government officials and political authorities is called
F
according to the heritage foundation the least economically free nation in 2009 was cuba
79,000 corporation
according to the united nations, how many transnational corporations operate in the global economy
all of the above
an example of an international financial and trade institution is
weak health and safety regulation
arguments against globalization state that companies decide to manufacture in china bc of chinas
combine the strengths of business, government and NGOs
collaberative partnership
all of the above
fair elections
a firm producing goods in their home country and exporting them to other countries
global market channels involve
T
globalization directly and indirectly influenced the politics environment geopolitical and economics of virtually every country in the world
productivity rises more quickly when countries produce goods and services for which they have a natural talent
the theory of comparative advantage states that
F
the world bank makes currency exchange easier for member countries so that they can participate in global trade
flat
thomas friedman believes the world is coming increasingly
all import restrictions are illegal unless the item is proven scientifically unsafe
under the world trade organization most favored nations rule
united kingdom
vodafone is headquartered in
constructive engagement
when a corporation becomes a strong force for change in other nations where they operate this is known as
the fall of the soviet union
which is an example of social and political reform that has lead to the acceleration of globalization
china
which of the following is not part of the G-8
media
which of the following is not part of the three sector world references in the text
all of the above
which transportation system improvement has aided the acceleration of globalization