Globalisation

Q.

What Are the Main Goals of Globalisation?

Q.

What Are the Positive Impacts of Globalisation?

Q.

Globalisation does not involve ____________.

Q.

Choose the most appropriate option. Globalisation has led to improvement in living conditions

1. of all the people

2. of people in developed countries

3. of workers in the developing countries

4. none of the above

Q.

What Are the Three Definitions of Globalisation?

Q.

Which of the following products would the electronics company CypressSound classify as a cash cow in its BCG matrix?

1. AutoPlay- a car audio system that has a market share in a market that has been growing constantly

2. Boosh- a home entertainment system that has a strong market share in a market that is likely to expand in the future

3. Cyan- a cell phone that is designed for music lovers and has a very low market share in a market that is growing steadily

4. Unipress- a CD player that has a very low market share in a market that is shrinking rapidly

5. Xpress- an MP3 player that has a high market share in a market that is not expected to grow significantly

Q.

How Does Globalisation Affect Us?

Q.

How Does Globalisation Help the Poor?

Q. Which of the following can be exchanged between countries as a result of globalisation?

1. Information
2. Capital
3. Labour
4. Technology
5. Culture
6. Trade secret
7. Goods
8. Services

Q. Which of the following is true with respect to trade?

1. Goods flow from the country that has products in abundance to the country that has products in deficit.
2. Goods flow from the country that has products in deficit to the country that has products in surplus.
3. Only goods can be traded.
4. The countries that have socialist economy restrict trade with other countries.

Q. A product made in China and the United Kingdom with raw material from India is sold all over the world.
This is a result of the process.

1. internal trade
2. privatisation
3. globalisation
4. liberalisation

Q. The countries that do not have favourable geographical area and natural resources rely on to grow their economies.

1. international trade
2. migrant population
3. international banks
4. international grants

Q. Rhean loves gadgets. One day, while browsing an e-commerce website, he found earphones made by a South Korean company. He immediately ordered them, and they arrived at his residence in Mumbai in just eight days.

Due to which of the following was Rhean able to order earphones from South Korea to Maharashtra?

1. Internal trade
2. Disinvestment
3. Globalisation
4. Economic growth

Q. Which of the following statements best explains globalisation?

1. It is political cooperation among countries.
2. It is a process of integration between companies.
3. It is a process of economic integration between countries.
4. It is buying and selling of goods by the different states of the same country.