The series was written ahead of the 2019 Annual Meeting of the World Economic Forum in Davos, which focuses on "Globalization 4.0". Foreign direct investment (FDI) involves establishing ownership or controlling interest of a business in another country. The idea that an environment influences, but does not strictly determine, how a culture. 2018. People often practice their folk customs instead of pop culture because Scholars in many disciplines challenged this notion of cultural . How Not to Mobilize Against China. B) folk cultures are spread hierarchically. E) Japanese capitalism. Tariffs are paid by domestic importers, not foreign governments or exporters. D) the spread of an idea or trait through the physical movement of people from one place The Rights Holder for media is the person or group credited. 2. D) Traditional dress. 2015. If possible, have students watch the National Geographic film Illicit: The Dark Trade. B) the spread of an underlying principle or idea. E) Tanzania. E. Globalization increases global inequality. Washington: Peterson Institute for International Economics. Globalization is an elimination of barriers to trade, communication, and cultural exchange. Which of the following statements best describes cultural hybridization? b. There are ongoing efforts started in December 2017 by the European Union, United States, and Japan to negotiate new rules that would potentially be embedded within the WTO. B) Anglo America. Blinder, Alan. 2017. 74) Which statement best describes intuition? Many big Chinese companies have close ties with the government, and certain practices have skewed the playing field in trade. 2011. Kletzer, Lori G., and Robert E. Litan. Answer to Solved 3. B) housing. Studying religions is important to understanding a culture because By late 2019, tariffs had increased to around 20 percent and new duties covered over half of exports from each country. E) none of the above. Introduce globalization. 2017. A) favors females over males D) the internet. B) the spread of culture traits from one group to another. Trade agreements should account for the modern digital age. Nye Jr., Joseph S. 2017. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Which statement best describes how globalization connects the world PIIE Policy Brief 01-2. D) Migrant diffusion. The Truth about Trade Agreementsand Why We Need Them. tax credits, better unemployment benefits, and subsidies for health insurance for all displaced workers regardless If a media asset is downloadable, a download button appears in the corner of the media viewer. Which example is not an ethnic region of North America? Globalization is the word used to describe the growing interdependence of the worlds economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Globalization reduces unique features of local culture and contributes to global cultural homogenization B. Deglobalization 2.0: Trade and Openness During the Great Depression and the Great Recession by Peter A. G. van Bergeijk ISBN: 9781788973458 Published/Created: 2019 The rapid integration of global governments, businesses and capital has faced a dramatic and often hostile backlash in recent years. C) Nationality. D) religious beliefs are reflected in most aspects of culture. C) Folk cultures seek to create a uniform landscape. A) The spread of English language to British colonies. 2018. Which cultural phenomenon below is not an example of syncretism? Globalization results in the expansion of international cultural, economic, and political activities. Omissions? It gives rich countries access to lower cost resources and labor and poorer countries access to jobs and the investment funds they need for development. Construction begins on Nevada lithium mine despite fierce legal battles More job training and education is needed to prepare workers for these jobs. D) folk cultures must use local materials when building. Trade has been a global force for less poverty and higher incomes. A Survey of Experts, Section 301: US investigates allegations of forced technology transfers to China, Will the Liberal Order Survive? Not enough has been done to help those who have lost out from trade competition. C) war and occupation. They can also find resources at the school library or a local library. 2017. B) cannot own land. National Geographic Headquarters 1145 17th Street NW Washington, DC 20036. National Geographic Society is a 501 (c)(3) organization. Culture is spread by or the WTO, mainly because technology has made it easier to produce goods. 9. B) Southern Florida. D) Asian-Americans. Gallup (April 1). UNCTAD (United Nations Conference on Trade and Development). E) Borderland region. When you reach out to them, you will need the page title, URL, and the date you accessed the resource. E) none of the above. All rights reserved. Battle in SeattleThe 1999 meeting of the World Trade Organization (WTO) was held in Seattle, Washington, United States. Recent US Manufacturing Employment: The Exception that Proves the Rule. Globalization means the integration of the economy into the world's economy. In reality, it has been very difficult for many of these workers to transition, with lasting effects on Pew Research Center (September 26). PIIE Working Paper 17-10. to another. B) the spread of an underlying principle or idea. 2020SAGE Publications SAGE Publications India Pvt. B) cultural homeland. PIIE Charts (August 16). As a major world trading partner and manufacturing hub, China has become one of the most dominant forces in the global economy. The second thing is that any form of globalization will generate winners and losers. PIIE Charts (March 16). D) Nation. When you reach out to him or her, you will need the page title, URL, and the date you accessed the resource. Structures of Globalization questions & answers for quizzes and Fairbank Professor of Chinese Society and Professor of Anthropology, Harvard University. Nearly All US Trade Deals Were Negotiated, Signed, and Implemented by Republicans. Today, HSBC has its headquarters in London, England.Economic globalization has allowed many corporations based in the West to move factories and jobs to less economically developed countries, a process calledoutsourcing. PDF II. GLOBALIZATION AND ITS IMPACT - International Labour Organization Section 301: US investigates allegations of forced technology transfers to China. Washington: Peterson Institute for International Economics. Due to modern means of communication and transportation, the world is unified. Edited by Madona Devasahayam, Helen Hillebrand, and Steven R. Weisman B) South Africa. A) Hawaii. The trade war with China illustrates how globalization has become so widely entrenched in the US and world economies that undoing its complicated web of activities risks other damaging consequences. Study with Quizlet and memorize flashcards containing terms like Which statement about globalization is true? American Public Opinion on Foreign Trade. E) traditions. Text on this page is printable and can be used according to our Terms of Service. A consensus of scholarly work holds that globalization has contributed marginally to rising US wage inequality, putting this factor at 10 to 20 percent. Berger cited the antismoking movement as a case in point: the movement began as a singular North American preoccupation in the 1970s and subsequently spread to other parts of the world, traveling along the contours of academes global network. Since the overall payoff is so much greater than the costs to individual workers or groups who have lost out, nearly all economists support having an open global market versus closing it off (see example). Globalization increases global wealth and improves economic development. C) The spread of AIDS to the United States. C) Hispanics. B) New York, London, and Paris. D) the study of human-environment relationships. Studies show that globalization has also diminished US worker bargaining leverage to demand higher wages. The theory behind globalization is that worldwide openness will promote the inherent wealth of all nations. Exports are goods and services that are sold to individuals or companies outside of their country of origin. In folk societies, materials used for building homes 2021 Peterson Institute for International Economics. 2 See answers Advertisement Lawrence, Robert Z., and Tyler Moran. Advanced medicines are more easily and widely available to people who may not have been able to afford them. Immigration is the process of moving to a new country or region with the intention of staying and living there. Foreign-owned companies that do business in the United States have hired Americans at a faster rate than US private employers between 2007 and 2015. US Air Force In this context, liberal refers to more free or open trade. E) none of the above, AP Human Geography Chapter 4 Multiple Choice, Information Technology Project Management: Providing Measurable Organizational Value, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, The Cultural Landscape: An Introduction to Human Geography, AP Edition. Here is a quick summary. Total manufacturing job separations from Job Openings and Labor Turnover Survey, Bureau of Labor Statistics. Imagine if countries were like chefs, with different specialties. C) dowry. 2016. US Trade Agenda Requires Greater Focus on Social Concerns. D) skyscrapers. A. A) Tokyo, New York, and London. A) The spread of baseball to Japan. Globalization results in the expansion of international cultural, economic, and political activities. Lawrence, Robert Z. Washington: Peterson Institute for International Economics. Which of the following statements best describes the dialectics of globalization? A) African-Americans. This feature was first published on October 29, 2018 and last updated on August 24, 2021. 2016. (October 27). TravelIncreased internationaltravelhas also increased globalization. US administrations have taken different approaches to deal with these concerns. D) the belief that one's own ethnic group is superior to others. Washington, DC 20036, Careers| C) are available locally. Graphics by William Melancon Which of the following is an example of relocation diffusion? of the cause. B) The spread of drive-through windows from fast food restaurants to liquor stores. The way globalization allowed this situation to spread led to the nation of Iceland nearly goingbankrupt, for example.PoliticsCultural and economic globalization have caused countries to become more connected politically. Ironically, modern technology is often used to preserve and spread traditional beliefs and customs.Opponents to globalization blame free trade for unfair working conditions. The best example of cultural integration (where all elements of society are interwoven, The idea that cultures will modify the natural landscape to fit their needs is known as. Thefinancial crisisthat began in the United States in 2006 quickly spread around the world. About 70 percent of the people in the world usecell phones. D) religious beliefs are reflected in most aspects of culture. Washington: Peterson Institute for International Economics. A) It represents the marginal factor in decision-making.B) It represents a minor factor in decision-making integrated with analysis. A) Latin America. Sometimes, thesemigrantworkers travel a short distance, such as between the Mexican state of Sonora and the U.S. state of California. Washington. The United States had an overall trade deficit of $447 billion in 2017, according to the US International Trade Commission, as a result of Americans spending more than they earn and financing the difference with foreign credit. C) The spread of cell phones from the upper class to the middle and lower classes. At McDonalds in Uruguay, a McHuevo is a burger topped with a fried egg. historically high levels, but fewer people are needed to achieve this success. PDF Chapter 3 - Intercultural Communication Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. 3. C) practices. Countries are growing less likely to trade with one another. 2018. The Peterson Institute for International Economics is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions. Globalization has lead to greater homogenization and reduced fragmentation. Which statement concerning the globalization of Western culture is true? opened up to trade. Washington: Peterson Institute of International Economics. Alice Manning, National Geographic Society Chapter 13: Effective Intercultural Communication in a Global Society Group of answer choices. Geography, Human Geography, Social Studies, World History. East Asia Forum (October 3). After World War II in the mid-1940s, the United States led efforts to revive international trade and investment under negotiated ground rules, starting a second wave of globalization, which remains ongoing, though buffeted by periodic downturns and mounting political scrutiny. Globalization is driven by international trade and aided by information technology. D) Ethnicities are based on physical characteristics, race is based on culture. B) are often imported from distant countries. PIIE Policy Brief 17-16. B) Fourth of July. What Is Globalization and What Are Its Effects? - ThoughtCo connection of different parts of the world resulting in the expansion of international cultural, economic, and political activities. Q. Ghose, Ajit K. 2004. Thompson, Robert L. 2007. E. Encourage governments to make innovative uses of local resources. C) each major world religion can be directly linked to a cultural homeland. Bown, Chad P. 2021. 2003-2023 Chegg Inc. All rights reserved. View the full answer. Washington: Peterson Institute for International Economics. Increased Trade: A Key to Improving Productivity. Many early European explorers were eager to bring theChristian religion to the regions they visited. A) Amish communities in Pennsylvania How do Americans feel about globalization? C) Midwest. Washington: Peterson Institute for International Economics. A. Program. E) a culture realm. B. 8. PIIE Policy Brief 17-23. Kim Hulse, National Geographic Society Any interactives on this page can only be played while you are visiting our website. Washington: Peterson Institute for International Economics. B) Traditional housing. Goods are physical, produced items traded between countries, like corn, machinery parts, or chemicals. Trends in Globalization - Globalization: A Resource Guide - Research B) Winnipeg, MB. Washington: Urban Institute. Imports are goods or services purchased from outside the country. Freund, Caroline. Travelers are exposed to new ideas about food, which may change what they buy at the store at home. The Five Dimensions of Global Cultural Flow - Study.com Washington: Peterson Institute for International Economics. BETTER QUALITY AND VARIETY D) Kenya. Ltd. National Geographic Headquarters Some GOP congressional members spoke out against Trump on certain trade issues (see example) or drafted bills to limit his authority on tariffs. Globalization only connects people in developed countries. a. Each multiple choice question has five possible answers. Washington: Peterson Institute for International Economics. Ortiz-Ospina, Esteban, Diana Beltekian.