The criticism that globalization is dying or slowing because of substantial economic productions and money capital is shifted to China investments for aggressive overseas markets where poor countries are enslaved and affixed to foreign loans to finance its imports. Why is this phenomenon of globalization being criticized?

a.Foreign control of the poor country's economy through debt trap

b.Foreign direct investment into joint venture with local companies

c.Liberalism of free and open market

d.Deregulation of the local markets for foreign competition

These are rising and predominating non-state actors of globalization because of their aggressive neo-liberal entries to poor countries for private profit through foreign direct investments either joint venture or merger and foreign loans for import financing. Who are these non-state actors in globalization?

a.Nationalistic State-Actors

b.Multinational and Transnational corporations

c.Regional trade bloc

d.Terrorists and cybercrime

The essential enabler tool of globalization that shrink the world with its facilitation of efficient sharing of ideas and information among cultures, people, businesses and countries.

a.Banking business

b.Popular culture and Westernization

c.Tariffs and quotas

d.Information and communication technology

According to Adam Smith, the father of economics, why do countries tend to specialize products and labor in international trade?

a.Variances in climate, soil, transportation and education lead people to develop specialize products to trade for its needed scarce product in the country

b.The Western countries of Europe and USA specializes products and labor for the purpose of spreading their imperialism to poor countries through Westernization

c.Countries specialize products and labor for the collectivisation of products and services for absolute social equality

d.Subsistence and barter are the reasons why countries specialize in their products and labor

What is being referred to in the globalization process where suppliers and markets are networked across the local and international markets to facilitate production, distribution, transportation and other logistics concerning products and services that will satisfy consumer needs and wants?

a.Multinational and transnational corporations

b.Infant industry protection

c.Supply Chains

d.Nationalistic Industry

This institution, organization or system is indispensable in globalization in which it brings people, businesses and cultures into a social relationship of buying and selling for a price equilibrium serving as their means of communication and coordination.

a.Market

b.Multinational corporations

c.Cultural Imperialism

d.Popular Culture

This network in globalization is so important in a sense it facilitates channeling of products, services, labor, information and cultures among the buyers and sellers in the markets.

a.Military and Armaments

b.Mcdnalization and Westernization

c.Physical and Digital infrastructures

d.Nationalism and Cultural Imperialism

How does the internationalization of financial services such as banks, insurance, bonds, stocks equities and foreign exchange rates positively affect globalization?

a.Global social disparity

b.Capital mobility

c.Information and Communication technology

d.Americanization

An approach in the study of globalization where the various academic fields like psychology, economics, marketing, political science, geography, engineering and sociology are integrated in understanding the global market.

a.Specialization of knowledge

b.Nationalistic Militancy

c.Multidisciplinary and transdisciplinary

d.Fanatical religion

The reason why economies of the 196 countries participate in the processes of globalization of markets is to prevent market surplus and shortage. How does market surplus and shortage negatively affect the economy?

a.Democracy and manipulation

b.Deflation and inflation

c.Pollution and climate change

d.Civil wars and social unrest