What is global cosmopolitanism?

	a.	a new society in which a small group of corporations wield nearly unchecked power
	b.	the belief that the economy will become more web-based
	c.	a universal political order that draws its identity and values from everywhere
	d.	a trend whereby traditional civil society is replaced by digital interactions

5 points

QUESTION 2

Scholars who study societal globalization argue that as globalization increases, new individual and collective identities may emerge. Which two factors, do they argue, may increase this trend?

	a.	trade and increasing foreign investment
	b.	migration and communication technologies (e.g., internet, cell phones)
	c.	global cosmopolitanism and increasing access to education
	d.	communication technologies (e.g., internet, cell phones) and transnational activism

5 points

QUESTION 3

Critics of economic globalization argue that it contributes to greater

	a.	repression.
	b.	resource depletion.
	c.	government taxation.
	d.	inequality.

5 points

QUESTION 4

Which of the following observations may best demonstrate that the impact of political globalization is perhaps less widespread than we may think?

	a.	The European Union has declined in power and influence since the 1990s.
	b.	Sovereignty and statehood remain a major demand for people around the world.
	c.	The number of democracies has declined in recent years.
	d.	Transnational media, with reporting that covers multiple countries, has failed to really emerge.

5 points

QUESTION 5

Recent versions of the World Values Survey have asked respondents whether they trust individuals of another nationality and find that levels of mistrust are higher

	a.	among men.
	b.	among older generations.
	c.	among younger generations.
	d.	among Western countries.

5 points

QUESTION 6

Critics of political globalization warn that which of the following problems may emerge as the world becomes more globalized?

	a.	increased transportation costs and scarcity of goods
	b.	rising inequality and nationalist conflict
	c.	less efficient policy solutions developed by international rather than local actors
	d.	increased fragmentation, violence, and the weakening of democracy

5 points

QUESTION 7

In economic globalization, what does foreign direct investment (FDI) refer to?

	a.	FDI occurs when international organizations such as the World Bank get involved in local economies.
	b.	FDI occurs when a firm moves some of its work to a secondary business that can do the work more efficiently or cheaply.
	c.	FDI occurs when firms rely on immigration to maintain strong labor forces.
	d.	FDI occurs when foreign firms purchase assets in another country.

5 points

QUESTION 8

In his famous work, The Economic Consequences of the Peace, economist John Maynard Keynes wrote of a period of history that, with its transcontinental travel, trade, and communication, sounded very much like our modern globalized world. To what period was he referring?

	a.	the late nineteenth and early twentieth centuries, prior to World War I
	b.	the mid-twentieth century, when airplanes first made intercontinental travel feasible
	c.	the Silk Road period, prior to the 1400s
	d.	the beginning of the age of imperialism, from the 1500s to the 1800s

5 points

QUESTION 9

Supporters of economic globalization argue that globalization

	a.	is inevitable, and thus we should focus on making sure it benefits the most people.
	b.	encourages countries to diversify their economies, promoting more jobs.
	c.	leads to the diffusion of economic power, with less wealth concentrated in multinational companies.
	d.	diffuses wealth more effectively, promoting greater prosperity and raising standards of living worldwide.

5 points

QUESTION 10

Which of the following would best be classified as an example of a nongovernmental organization (NGO)?

	a.	World Trade Organization
	b.	Greenpeace
	c.	United Nations
	d.	United States

5 points

QUESTION 11

Which of the following organizations was a founding part of the Bretton Woods System, an international economic regime associated with the Washington Consensus?

	a.	Organization for Security and Co-operation in Europe
	b.	United Nations Development Programme
	c.	International Monetary Fund
	d.	Organization for Economic Co-operation and Development

5 points

QUESTION 12

Societies have always traded; what is the main difference between modern globalization and these earlier ties?

	a.	Historically, empires largely traded with neighboring regions; today, trade relations span continents.
	b.	Historically, this interconnection served to undermine state power; today, this interconnection strengthens the role of the state.
	c.	Historically, the only sharing that occurred was in produced goods; today, societies share knowledge and technological advancement.
	d.	Historically, only a few people took part in this interconnection; today, entire societies are now directly connected.

5 points

QUESTION 13

In what way does globalization increase the risk of economic recession (such as the one seen in 2008)?

	a.	The economic institutions created to foster globalization increase the ability of investors to engage in "capital flight," thereby creating a much riskier world economy.
	b.	It has reduced each states capacity and ability to act independently in response to domestic economic crises, thereby making state interventions less effective than has historically been the case.
	c.	The rise of online reporting increases the risk of mass hysteria breaking out among investors following a sudden downturn (or in the case of 2008, a housing bubble).
	d.	By increasing trade, economic dependencies are increased.

5 points

QUESTION 14

Some scholars believe that increasing political globalization has resulted or will result in the growth of international institutions that will take on many of the tasks historically done by states. As political globalization increases, the likely outcome is a weakening of state

	a.	militarism.
	b.	capacity.
	c.	transparency.
	d.	sovereignty.

5 points

QUESTION 15

One criticism of societal globalization is that it creates confusion, alienation, and public backlash. Why?

	a.	Globalization leads to the hardening of barriers between people, as increased interconnection also makes people more aware of negative differences.
	b.	Globalization seeks to replace multiple cultures with one monolithic value system that reflects only the values of dominant powers.
	c.	Globalization creates shallow rather than deep personal connections.
	d.	Globalization overwhelms people with choices, values, ideas, and information, and this can be especially difficult to process for those not part of the globalized elite.

5 points

QUESTION 16

__________ is the process of expanding and intensifying the linkages among states, societies, and economies.

	a.	Marketization
	b.	Globalization
	c.	Institutionalization
	d.	Modernization

5 points

QUESTION 17

Which of the following best describes the economic impact of the North American Free Trade Agreement (NAFTA)?

	a.	It has benefitted Mexicos manufacturing sector, but many of Mexicos farmers have been unable to compete with the influx of U.S. agricultural goods.
	b.	It has had no discernable impact on the number of Mexican immigrants migrating illegally to the United States.
	c.	It has benefitted the Mexican economy at the expense of American jobs.
	d.	It has been more damaging to Mexicos economy than to the economies of the United States or Canada.

5 points

QUESTION 18

A firm that produces, distributes, and markets its goods or services in more than one country is considered a(n)

	a.	intergovernmental corporation.
	b.	supranational corporation.
	c.	nongovernmental organization.
	d.	multinational corporation.

5 points

QUESTION 19

__________ link states together through rules and norms that shape their relationships to one another, usually regarding some specific issue.

	a.	Nongovernmental organizations
	b.	International regimes
	c.	Multinational corporations
	d.	Intergovernmental organizations

5 points

QUESTION 20

Supporters of political globalization argue that the rise of organizations such as the International Criminal Court, which is charged with holding leaders accountable for human rights violations, helps make politics more

	a.	transparent, as leaders face more scrutiny by domestic and international communities.
	b.	unstable, as citizens more quickly turn against their governments.
	c.	free, as democracies are better able to function.
	d.	equal, as norms are better transmitted around the world.