Economic Globalization by LegitSwag69

-It allows for instant communication.
-It enables people to monitor economic trends.
-It makes it possible buy and sell instantly.
How has the Internet improved business communication worldwide? Select all that apply.
to increase profits
Why do companies choose to outsource work?
be able to compete better.
Globalization has led nations to join trade organizations in order to
operates in multiple countries.
A multinational organization is defined as a business that
by transporting resources from distant locations
How can businesses best take advantage of globalization?
2000-2005
The graph shows US trade with Mexico.

https://media.education2020.com/evresources/3310/3310-12/3310-12-08/3310-12-08-assessment/3310-12-08-12.png

In what years did US exports to Mexico remain approximately the same?

NOT C (a large population growth)
The graph shows US Oil Import Prices from 1995 to 2010.

https://media.education2020.com/evresources/3310/3310-12/3310-12-08/3310-12-08-assessment/3310-12-08-21.png

What most likely caused the steady increase in price per barrel of oil between 2001 and 2008?

turning their focus to providing services.
Globalization has affected developed countries by
NEITHER B OR C (increasing barriers to trade.)(improving product production.)

ITS EITHER
A (limiting competition.
OR
D(allowing the pooling of resources.)

Trade blocs help countries by
Angola
The chart shows the percentage of population growth in different countries.

https://media.education2020.com/evresources/3310/3310-12/3310-12-08/3310-12-08-assessment/3310-12-08-16.png

Based on the chart and the information in the lesson, which nation can expect to experience the most social issues of a developing country?

to allow more trade between countries
What is the primary purpose of the European Union?
operates in multiple countries.
A multinational organization is defined as a business that
Trade increases create higher GDP percentage rates.
The graph below shows global trade and percentage of GDP.

https://media.education2020.com/evresources/3310/3310-12/3310-12-08/3310-12-08-assessment/3310-12-08-20.png

What conclusion should be drawn from the graph?

economies.
Globalization has the largest effect on
an agreement between bordering nations.
NAFTA can be defined as
demand from developing countries
The graph shows US Oil Import Prices from 1995 to 2010.

https://media.education2020.com/evresources/3310/3310-12/3310-12-08/3310-12-08-assessment/3310-12-08-21.png

What most likely caused the steady increase in price per barrel of oil between 2001 and 2008?