Quiz 1 Contemporary
Quiz 1 Contemporary
Quiz No. 1
Name:
Course/Block:
1. All your answers must be in blue, font to be applied is Calibri, size 11 and Bold.
2. The output should be in PDF format and must be submitted with the following File Name:
Surname_FirstName_Quiz 1
Multiple Choice
1. Globalization is:
b. the breakdown of traditional barriers between nations through technology and transport
2. Globalization allows:
a. People, goods and information to travel more quickly around the world.
c. us to travel faster.
b. improved speed and cost of communicating and moving money around the world.
a. Increased freedom to travel and immigrate, better access to medicine, information, and technology.
b. Lower prices for developed countries and low paying jobs in underdeveloped countries
6. The tendency of businesses, technologies, ideas, and people to spread throughout the world is
called:
a. Globalization
b. Interconnectedness
c. E-commerce
a. increase / increase
b. decrease / increase
c. increase / decrease
d. decrease / decrease
8. McDonald's is an example of a multinational corporation.
a. true
b. false
a. larger markets
b. new products
10. Exchange of goods and services by sale or barter driven by the need for resources and by the
amount of resources.
a. Fair Trade
b. Globalization
c. Trade
d. Standard of Living
1. Do you think that the Philippines is harmed as other countries transfer their activities to us
through outsourcing?
4. In one sentence, differentiate globalization to commerce using these phrases “around the
globe” and “in a large scale”.
Bonus point