13. Globalization can be defined as: a. the attitude or policy of placing the in

Question

13. Globalization can be defined as: a. the attitude or policy of placing the interests of the entire world above those of individual nations viewing the entire world as a proper sphere for one nation to project political influence. b. c. a period in history that has witnessed a dramatic change in world political thought d. and the balance of power. an increased cross-border flow of trade in goods, services, and financial assets, along with an increased international mobility of technology, information, and individuals e. a social movement that supports global cooperation and interaction, but which opposes the negative effects of economic development across nations. 14. What happened to the so-called Asian tigers in the 1960s and 1970s? a. They underwent a period in which their economies turned into mild communism. b The literacy rates of these countries declined in this time period (that is, a smaller percentage of the people could read). c. They all became part of the First World d. They became the most technologically advanced countries in the world. e. They underwent the process of opening their economies and experienced rapid growth 15. Globalization is an economic issue and does not involve political and social dimensions. aT True bFalse 16. What has happened to countries that did not participate in the globalization of the world a. The fraction of the population living below the poverty line in these countries has

Explanation / Answer

Question 13

Globalization implies the integration of economies of different nations.

This intergration is in terms of increased cross-border flow of trade in goods, services, and financial assets, along with an increased international mobility of technology, information, and individuals.

Hence, the correct answer is the option (d).

Question 14

Asian Tigers is a name used collectively for economies of HongKong, Singapore, South Korea, and Taiwan.

During 1960s and 1970s, these countries formulated export-led strategy and underwent the process of opening their economies and experienced rapid economic growth.

Hence, the correct answer is the option (e).

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.