Globalization vocabulary quiz 🤔

1. Globalization results in greater _ _ _ _ _ _ _ among the world's nations.

2. Which economic policy limits globalization by reducing free trade?

3. What do we call foreign lands that a powerful country has invaded and taken from the original owners in order to sell their resources and occupy their lands?

4. Most of the world's poorest countries were part of a _ _ _ _ _ _ _ before modern globalization began.

5. Globalization allows corporations to reduce their labour costs by employing low-paid workers in developing countries. What is this called?

6. What can we call the emigration of highly-skilled people from developing countries to developed countries that offer higher wages and a higher standard of living?

7. Which is a system of trading that ensures developing countries receive fair prices for the goods they produce and export?

8. Which might allow the establishment of rules and regulations to ensure that a future globalized economy is based on fairness, equity and sustainability?

9. Globalization has allowed multinational corporations to promote Western-style consumerism and market Western foods, fashion, entertainment, etc. around the world. What is this process sometimes called?

10. When a country applies import tariffs, import quotas and other protectionist measures, it's trying to protect its _ _ _ _ _ _ _ businesses and jobs.