Question 1

An office uses printer paper made primarily of recycled paper.This is an example of a ______ policy.

Accepted Answer

The use of recycled paper for printing is an example of a sustainable development policy, which promotes the responsible use of resources to meet the needs of the present without compromising the needs of future generations.

Question 2

Which of the following is NOT a key aspect of globalization?

Accepted Answer

Financial independence is not a key aspect of globalization. Globalization is more about interdependence and interconnectedness between countries and their economies, rather than complete financial independence. The other choices, such as the elimination of barriers to trade, investment, culture, and information technology, are all key aspects of globalization.

Question 3

Successive waves of globalization include characteristics such as the expansion of trade,the diffusion of technology,extensive migration,and _____.

Accepted Answer

Successive waves of globalization have resulted in the cross-fertilization of diverse cultures. This has led to the exchange and integration of different cultural practices, ideas, and values across the world. This characteristic of globalization has also given rise to the phenomenon of multiculturalism and has helped in the development of a global identity.

Question 4

A sustainable decoupling process would eventually lead to _____.

Accepted Answer

The concept of decoupling refers to breaking the link between economic growth and negative environmental impacts, such as resource depletion and pollution. A sustainable decoupling would mean that economic growth can be achieved without further harming the environment. This could lead to a multipolar world as different regions develop independently and at their own pace without relying on one dominant economic power.

Question 5

Which of the following is NOT a main purpose of the IMF?

Accepted Answer

While the IMF provides loans to member countries, including foreign exchange loans, the organization does not provide long-term low-interest social sector and infrastructure loans. This function is typically fulfilled by other international development institutions such as the World Bank.

Question 6

To sustain globalization,nations must build institutions that support all of the following EXCEPT

Accepted Answer

Command economies go against the principles of free markets, which are essential for sustaining globalization. Therefore, institutions supporting command economies would not be necessary for sustaining globalization.

Question 7

All of the following countries can be considered globalization "winners" EXCEPT:

Accepted Answer

North Korea is a closed economy and society, with limited integration with the global economy. Therefore, it can't be considered a globalization "winner".

Question 8

Countries that have been moving toward more open trade and free market policies are known as _____.

Accepted Answer

Emerging economies are countries that are transitioning from closed or centrally planned economies to more open and market-oriented economies, often experiencing rapid growth and increased integration into the global economy.

Question 9

Which of the following is NOT true regarding results from a survey by the World Bank on corporate social responsibility (CSR)?

Accepted Answer

The statement that "90% of multinationals will make their decisions based on CSR issues with regard to foreign direct investment" is not true according to the survey by the World Bank. The other options are all true according to the survey's results.

Question 10

The rapid fall in prices of digital IT equipment and services may

Accepted Answer

The rapid fall in prices of digital IT equipment and services will make them more affordable and accessible to a wider range of people, potentially reducing the digital divide between developed and developing economies. This may make the idea of the digital divide a myth as the cost of access decreases.

Question 11

The only way workers in industrialized countries can compete with their counterparts in the developing world will be through:

Accepted Answer

The only way workers in industrialized countries can compete with their counterparts in the developing world is by increasing their productivity. This can be achieved by using technologically-intensive manufacturing technologies that help in reducing costs and improving efficiency. This will enable them to produce goods and services at a lower cost and remain competitive in the global marketplace.

Question 12

​The most recent devices that enable the greatest ease in portability and accessibility of information are ______.

Accepted Answer

Smartphones are the most recent device that enable the greatest ease in portability and accessibility of information, allowing users to access the internet, social media, email, and other forms of communication and information-sharing from virtually anywhere. Magazines, newspapers, and advertisements are not recent devices and are less portable and less accessible than smartphones. While computers are also portable and provide access to information, they are not as readily accessible as smartphones due to their larger size and need for a power source.

Question 13

In India,several politicians are working very hard toward a system of full disclosure and openness that aims to avoid any semblance of corruption and cronyism.These efforts can be described as creating a system focused on _____.

Accepted Answer

The statement mentions politicians working towards a system of full disclosure and openness to avoid corruption and cronyism, which indicates a focus on transparency. Thus, the best choice is option D.

Question 14

In Brazil,if there are government organizations that create strong incentives for private investment and operate under a system of checks and balances that function best in a democratic system of government,they could be classified as which of these?

Accepted Answer

Adaptive institutions are those that can create strong incentives for private investment and operate effectively within a system of checks and balances, characteristics that are crucial for the functioning of a democratic system of government. These institutions adapt to changing economic and political landscapes to foster growth and stability.

Question 15

Which of the following is NOT an objective of the WTO?

Accepted Answer

The WTO's objectives are to review national trade policies, act as a forum for trade negotiations, settle trade disputes, and administer trade agreements. Naming commissioners to local trade organizations is not one of the WTO's objectives.

Question 16

All of the following are arguments against globalization EXCEPT:

Accepted Answer

The other four choices all present arguments against globalization but A argues that it may lead to an increase in the appearance of old industries which is not necessarily a negative thing.

Question 17

According to the authors,which of the following is NOT true regarding globalization lessons for developing countries?

Accepted Answer

The authors do not mention that import oriented nations must switch to concentrate on domestication as a lesson for developing countries. The other four options are all mentioned as important lessons for developing countries to consider when it comes to globalization.

Question 18

Of the following,which is NOT true regarding the Internet and cell phone era?

Accepted Answer

This statement is not true as the next billion users will likely be different from the first billion in terms of their demographic and cultural backgrounds.

Question 19

Illicit dealings undermine economic performance by doing all of the following EXCEPT:

Accepted Answer

Illicit dealings such as corruption, bribery, and black market transactions do not decrease costs, but rather increase them by adding extra expenses or fees.

Question 20

Increasingly,emerging economies are

Accepted Answer

Emerging economies are increasingly becoming innovative and technologically advanced, as they invest in technology and innovation to boost their economic growth and competitiveness on the global stage.

Quiz 1: The Rise of Globalization

An office uses printer paper made primarily of recycled paper.This is an example of a ______ policy.

Which of the following is NOT a key aspect of globalization?

Successive waves of globalization include characteristics such as the expansion of trade,the diffusion of technology,extensive migration,and _____.

A sustainable decoupling process would eventually lead to _____.

Which of the following is NOT a main purpose of the IMF?

To sustain globalization,nations must build institutions that support all of the following EXCEPT

All of the following countries can be considered globalization "winners" EXCEPT:

Countries that have been moving toward more open trade and free market policies are known as _____.

Which of the following is NOT true regarding results from a survey by the World Bank on corporate social responsibility (CSR) ?

The rapid fall in prices of digital IT equipment and services may

The only way workers in industrialized countries can compete with their counterparts in the developing world will be through:

The most recent devices that enable the greatest ease in portability and accessibility of information are ______.

In India,several politicians are working very hard toward a system of full disclosure and openness that aims to avoid any semblance of corruption and cronyism.These efforts can be described as creating a system focused on _____.

In Brazil,if there are government organizations that create strong incentives for private investment and operate under a system of checks and balances that function best in a democratic system of government,they could be classified as which of these?

Which of the following is NOT an objective of the WTO?

All of the following are arguments against globalization EXCEPT:

According to the authors,which of the following is NOT true regarding globalization lessons for developing countries?

Of the following,which is NOT true regarding the Internet and cell phone era?

Illicit dealings undermine economic performance by doing all of the following EXCEPT:

Increasingly,emerging economies are

Quiz 1: The Rise of Globalization

An office uses printer paper made primarily of recycled paper.This is an example of a ______ policy.

Which of the following is NOT a key aspect of globalization?

Successive waves of globalization include characteristics such as the expansion of trade,the diffusion of technology,extensive migration,and _____.

A sustainable decoupling process would eventually lead to _____.

Which of the following is NOT a main purpose of the IMF?

To sustain globalization,nations must build institutions that support all of the following EXCEPT

All of the following countries can be considered globalization "winners" EXCEPT:

Countries that have been moving toward more open trade and free market policies are known as _____.

Which of the following is NOT true regarding results from a survey by the World Bank on corporate social responsibility (CSR) ?

The rapid fall in prices of digital IT equipment and services may

The only way workers in industrialized countries can compete with their counterparts in the developing world will be through:

​The most recent devices that enable the greatest ease in portability and accessibility of information are ______.

In India,several politicians are working very hard toward a system of full disclosure and openness that aims to avoid any semblance of corruption and cronyism.These efforts can be described as creating a system focused on _____.

In Brazil,if there are government organizations that create strong incentives for private investment and operate under a system of checks and balances that function best in a democratic system of government,they could be classified as which of these?

Which of the following is NOT an objective of the WTO?

All of the following are arguments against globalization EXCEPT:

According to the authors,which of the following is NOT true regarding globalization lessons for developing countries?

Of the following,which is NOT true regarding the Internet and cell phone era?

Illicit dealings undermine economic performance by doing all of the following EXCEPT:

Increasingly,emerging economies are

The most recent devices that enable the greatest ease in portability and accessibility of information are ______.