1) is a term used to describe a global society in which people, money, information, and Goods flow fairly freely across national boarders. a) Economic Growth b) Consumerism c) Globalization d) Multinational 2) measures the value of all goods and services produced in a country. a) GDD (Gross Domestic Dog) b) GDP (Gross Domestic Product) Per Capita c) GNI (Gross National Income) d) GDP (Gross Domestic Product) 3) The lowest (hourly) amount an employer may legally pay an employee. a) Minimum Wage b) Debt c) Salary d) Income 4) Import means a) buying goods from another country b) only making one kind of product c) selling goods to another country 5) Export means a) buying goods from another country b) only making one kind of product c) selling goods to another country 6) is a condition in which countries have economic ties and depend on each other for resources, technology, trade, and investments. a) Multinational Corporations b) Economic Interdependence c) Globalization d) International Trade 7) A tax or goods that across country boarders. a) Tariff b) Import c) Quata d) Standard of living 8) The exchange of capital, goods, and services across international boarders or territories. a) Urban b) International Trade c) Distribution d) Multinational Corporations 9) Exchanging one good or service for something else is called a) Trade b) Produce c) Export d) Import 10) A raw material or primary agricultural product that can be bought and sold a) Cash crops b) Commodity c) Raw Material d) Exports 11) It refers to the widespread international movement of goods, capital, services, technology and information. a) Political Globalization b) Economic Globalization c) Cultural Globalization 12) Refers to the spread of cultural practices, values, and beliefs across national boarders. a) Political Globalization b) Economic Globalization c) Cultural Globalization 13) It refers to the increasing importance of global institutions, norms and governance mechanisms in shaping national and international politics a) Political Globalization b) Economic Globalization c) Cultural Globalization 14) These are the Effects of Globalization, EXCEPT: a) Individuals  b) Communities c) Institutions d) Government

GLOBALIZATION

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