Westernization and Commoditization Quiz – Flashcards
Unlock all answers in this set
Unlock answersquestion
Which of the following nations or regions does not dominate the global marketplace?
answer
C. South Asia
question
Many products and services are available to the global society as a result of the WTO. Which of the following goods or services would not fall under WTO jurisdiction?
answer
D. health care
question
What role do teenagers play in the westernization of the world?
answer
A. Teens are one of the biggest groups of consumers.
question
In which of the following scenarios would the WTO be criticized?
answer
D. A Japanese textile company purchases US cotton instead of Kenyan cotton.
question
Many international cultures are becoming westernized. Which of the following scenarios would best symbolize the effect of this process on indigenous cultures?
answer
B. a scale tipping heavily in one direction
question
Countries that are on the rise economically and growing in importance in the global economy but still have large numbers of the population living in poverty are considered __________ economies.
answer
B. semi-periphery
question
Which of the following professions is most similar to an MNC?
answer
C. a traveling salesperson with business offices in different cities and countries
question
Providing financial assistance for smaller nations' economic negotiating teams and increasing the bargaining powers of these nations __________.
answer
D. is one strategy the WTO has used to deflect criticism of its policies
question
Which four principles does the United Nations Global Compact for multinational corporations address?
answer
B. human rights, labor standards, the environment, and anti-corruption
question
Which of the following terms is best described as "an increasingly international approach to producing, marketing, and distributing goods and services"?
answer
A. economic globalization
