Practice Globalisation And The Economy (2.9) - The Economic

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6 sample questions

Question 1.
What is globalisation?
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Think about how countries interact through trade.
Question 2.
Define outsourcing in your own words.
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Consider who performs the job and where they are located.
3Question 3.
What is globalisation?
- Integration of economies
- Isolation of economies
- None of the above
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Think of international trade.
4Question 4.
True or False: Outsourcing always benefits the local job market.
- True
- False
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Consider who gets the jobs.
Question 5.
Evaluate the long-term implications of outsourcing on a country's economy, considering both microeconomic and macroeconomic factors.
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Examine both business and worker perspectives.
Question 6.
Propose solutions to mitigate the negative impacts of MNCs operating in developing countries.
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Think of the balance between profit and planet.

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