QUESTION 2

1. Which of the following would be the immediate result of balancing the budget?

   		Eliminate the national debt
   		Stop the national debt from growing
   		Reduce the national debt
   		No impact at all

QUESTION 3

1. Which of the following is NOT among Friedmans 10 forces that flattened the world?

   		Uploading
   		Upending
   		Outsourcing
   		Offshoring

QUESTION 4

1. Which of the following would fall under Friedman's description of "steroids"?

   		Walmart Stores
   		Smart phones
   		Pharmaceuticals
   		Netscaping

2 points

QUESTION 5

1. What is meant by globalization?

   		The increasing use of the Internet
   		The worldwide integration among financial, economic, trade and communication sectors
   		A movement towards international socialism
   		The development of regional governments

2 points

QUESTION 6

1. In the globalized world, what word describes how power is exercised?

   		Global Power
   		Soft Power
   		Cooperation
   		Coercion

2 points

QUESTION 7

1. In terms of working together, which reflects the highest and most effective level of achieving results in the global world?

   		Communication
   		Coordination
   		Collaboration
   		Cooperation

2 points

QUESTION 8

1. Soft Power acknowledges the growing effectiveness of which of the following?

   		Drones
   		Cyber warfare
   		Persuasion over force
   		None of the above

2 points

QUESTION 9

1. What were the seminal events that Friedman believes ushered in a new world?

   		The 2008 financial crises
   		The instability in the Middle East
   		End of the cold war and growth of the Internet
   		The growth of smartphones

2 points

QUESTION 10

1. Friedman describes three thought paradigms of human economic activity throughout history. The first two are the agricultural age, and industrial age, what is the third?

   		Internet browsing
   		Globalization
   		Technology age
   		Military age