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Economic Globalization leading nations to compete the best

Paper type: Essay
Pages: 1 (242 words)
Categories: Globalization
Downloads: 46
Views: 2
Why do companies choose to outsource work?
to increase profits
What is the primary purpose of the European Union?
to allow more trade between countries
The graph below shows global trade and percentage of GDP.
What conclusion should be drawn from the graph?
Trade increases create higher GDP percentage rates.
Globalization has affected developed countries by
turning their focus to providing services.
Globalization has led nations to join trade organizations in order to
be able to compete better.
The chart shows the percentage of population growth in different countries.
Based on the chart and the information in the lesson, which nation can expect to experience the most social issues of a developing country?
Angola
The graph shows US Oil Import Prices from 1995 to 2010.
What most likely caused the steady increase in price per barrel of oil between 2001 and 2008?
demand from developing countries
In countries such as China, globalization has led to
a better standard of living.

Globalization has the largest effect on
economies.
Which group is an example of a commodity organization?
Organization of Petroleum Exporting Countries
NAFTA can be defined as
an agreement between bordering nations.
Which of the following causes the most problems in countries with low economic growth?
rapid population increase
A multinational organization is defined as a business that
operates in multiple countries.
As economies grow, they demand more
raw materials.

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Economic Globalization leading nations to compete the best. (2017, Dec 21). Retrieved from https://studymoose.com/economic-globalization-leading-nations-to-compete-the-best-essay

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