Question
1. Protests against globalization have focused on: a. the importance of expanding free markets. b. the growing power of large corporations. c. the costs of
1. Protests against globalization have focused on:
a. the importance of expanding free markets.
b. the growing power of large corporations. c. the costs of joining world markets (such as job losses and environmental impacts). d. the growing power of large corporations and the costs of joining world markets (such as job losses and environmental impacts).
2. _____sees globalization as bringing growth and prosperity, while_______sees globalization as increasing the North-South gap: a. Economic liberalism; mercantilism b. Mercantilism: economic liberalism c. Economic liberalism; critical theory d. Mercantilism: critical theory
3. Globalization refers to:
a. the ascendance of liberal over mercantilist economics. b. expanded international trade and telecommunications. c. monetary coordination and technical and scientific cooperation. d. all of the above
4. Among the drawbacks to trade are a. disruptions in the workforce. b. unequal distribution of costs and benefits within states. c. unequal distribution of costs and benefits between states. d. all of the above
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