Question

What is global cosmopolitanism?

	a.	a new society in which a small group of corporations wieldnearly unchecked power
	b.	the belief that the economy will become more web-based
	c.	a universal political order that draws its identity and valuesfrom everywhere
	d.	a trend whereby traditional civil society is replaced by digitalinteractions

5 points

QUESTION 2

Scholars who study societal globalization argue that asglobalization increases, new individual and collective identitiesmay emerge. Which two factors, do they argue, may increase thistrend?

	a.	trade and increasing foreign investment
	b.	migration and communication technologies (e.g., internet, cellphones)
	c.	global cosmopolitanism and increasing access to education
	d.	communication technologies (e.g., internet, cell phones) andtransnational activism

5 points

QUESTION 3

Critics of economic globalization argue that it contributes togreater

	a.	repression.
	b.	resource depletion.
	c.	government taxation.
	d.	inequality.

5 points

QUESTION 4

Which of the following observations may best demonstrate thatthe impact of political globalization is perhaps less widespreadthan we may think?

	a.	The European Union has declined in power and influence since the1990s.
	b.	Sovereignty and statehood remain a major demand for peoplearound the world.
	c.	The number of democracies has declined in recent years.
	d.	Transnational media, with reporting that covers multiplecountries, has failed to really emerge.

5 points

QUESTION 5

Recent versions of the World Values Survey have askedrespondents whether they trust individuals of another nationalityand find that levels of mistrust are higher

	a.	among men.
	b.	among older generations.
	c.	among younger generations.
	d.	among Western countries.

5 points

QUESTION 6

Critics of political globalization warn that which of thefollowing problems may emerge as the world becomes moreglobalized?

	a.	increased transportation costs and scarcity of goods
	b.	rising inequality and nationalist conflict
	c.	less efficient policy solutions developed by internationalrather than local actors
	d.	increased fragmentation, violence, and the weakening ofdemocracy

5 points

QUESTION 7

In economic globalization, what does foreign direct investment(FDI) refer to?

	a.	FDI occurs when international organizations such as the WorldBank get involved in local economies.
	b.	FDI occurs when a firm moves some of its work to a secondarybusiness that can do the work more efficiently or cheaply.
	c.	FDI occurs when firms rely on immigration to maintain stronglabor forces.
	d.	FDI occurs when foreign firms purchase assets in anothercountry.

5 points

QUESTION 8

In his famous work, The Economic Consequences of thePeace, economist John Maynard Keynes wrote of a period ofhistory that, with its transcontinental travel, trade, andcommunication, sounded very much like our modern globalized world.To what period was he referring?

	a.	the late nineteenth and early twentieth centuries, prior toWorld War I
	b.	the mid-twentieth century, when airplanes first madeintercontinental travel feasible
	c.	the Silk Road period, prior to the 1400s
	d.	the beginning of the age of imperialism, from the 1500s to the1800s

5 points

QUESTION 9

Supporters of economic globalization argue thatglobalization

	a.	is inevitable, and thus we should focus on making sure itbenefits the most people.
	b.	encourages countries to diversify their economies, promotingmore jobs.
	c.	leads to the diffusion of economic power, with less wealthconcentrated in multinational companies.
	d.	diffuses wealth more effectively, promoting greater prosperityand raising standards of living worldwide.

5 points

QUESTION 10

Which of the following would best be classified as an example ofa nongovernmental organization (NGO)?

	a.	World Trade Organization
	b.	Greenpeace
	c.	United Nations
	d.	United States

5 points

QUESTION 11

Which of the following organizations was a founding part of theBretton Woods System, an international economic regime associatedwith the Washington Consensus?

	a.	Organization for Security and Co-operation in Europe
	b.	United Nations Development Programme
	c.	International Monetary Fund
	d.	Organization for Economic Co-operation and Development

5 points

QUESTION 12

Societies have always traded; what is the main differencebetween modern globalization and these earlier ties?

	a.	Historically, empires largely traded with neighboring regions;today, trade relations span continents.
	b.	Historically, this interconnection served to undermine statepower; today, this interconnection strengthens the role of thestate.
	c.	Historically, the only sharing that occurred was in producedgoods; today, societies share knowledge and technologicaladvancement.
	d.	Historically, only a few people took part in thisinterconnection; today, entire societies are now directlyconnected.

5 points

QUESTION 13

In what way does globalization increase the risk of economicrecession (such as the one seen in 2008)?

	a.	The economic institutions created to foster globalizationincrease the ability of investors to engage in "capital flight,"thereby creating a much riskier world economy.
	b.	It has reduced each state’s capacity and ability to actindependently in response to domestic economic crises, therebymaking state interventions less effective than has historicallybeen the case.
	c.	The rise of online reporting increases the risk of mass hysteriabreaking out among investors following a sudden downturn (or in thecase of 2008, a housing bubble).
	d.	By increasing trade, economic dependencies are increased.

5 points

QUESTION 14

Some scholars believe that increasing political globalizationhas resulted or will result in the growth of internationalinstitutions that will take on many of the tasks historically doneby states. As political globalization increases, the likely outcomeis a weakening of state

	a.	militarism.
	b.	capacity.
	c.	transparency.
	d.	sovereignty.

5 points

QUESTION 15

One criticism of societal globalization is that it createsconfusion, alienation, and public backlash. Why?

	a.	Globalization leads to the hardening of barriers between people,as increased interconnection also makes people more aware ofnegative differences.
	b.	Globalization seeks to replace multiple cultures with onemonolithic value system that reflects only the values of dominantpowers.
	c.	Globalization creates shallow rather than deep personalconnections.
	d.	Globalization overwhelms people with choices, values, ideas, andinformation, and this can be especially difficult to process forthose not part of the globalized elite.

5 points

QUESTION 16

__________ is the process of expanding and intensifying thelinkages among states, societies, and economies.

	a.	Marketization
	b.	Globalization
	c.	Institutionalization
	d.	Modernization

5 points

QUESTION 17

Which of the following best describes the economic impact of theNorth American Free Trade Agreement (NAFTA)?

	a.	It has benefitted Mexico’s manufacturing sector, but many ofMexico’s farmers have been unable to compete with the influx ofU.S. agricultural goods.
	b.	It has had no discernable impact on the number of Mexicanimmigrants migrating illegally to the United States.
	c.	It has benefitted the Mexican economy at the expense of Americanjobs.
	d.	It has been more damaging to Mexico’s economy than to theeconomies of the United States or Canada.

5 points

QUESTION 18

A firm that produces, distributes, and markets its goods orservices in more than one country is considered a(n)

	a.	intergovernmental corporation.
	b.	supranational corporation.
	c.	nongovernmental organization.
	d.	multinational corporation.

5 points

QUESTION 19

__________ link states together through rules and norms thatshape their relationships to one another, usually regarding somespecific issue.

	a.	Nongovernmental organizations
	b.	International regimes
	c.	Multinational corporations
	d.	Intergovernmental organizations

5 points

QUESTION 20

Supporters of political globalization argue that the rise oforganizations such as the International Criminal Court, which ischarged with holding leaders accountable for human rightsviolations, helps make politics more

	a.	transparent, as leaders face more scrutiny by domestic andinternational communities.
	b.	unstable, as citizens more quickly turn against theirgovernments.
	c.	free, as democracies are better able to function.
	d.	equal, as norms are better transmitted around the world.