MCQ Bank
All of the following are causes of poverty EXCEPT:
- A) Lack of infrastructure
- B) Lack of health facilities
- C) Quality education system
- D) Lack of political will
All of the following are the disadvantages of globalization EXCEPT:
- A) Increased cultural imperialism
- B) Reduced state sovereignty
- C) Equal economic growth
- D) Violent ideals spread rapidly
In free market and capitalism prices are determined on the basis of:
- A) Supply and demand
- B) Demand and distribution
- C) Production and supply
- D) Supply and Production
All of the following are the positive impacts of globalization EXCEPT:
- A) Greater employment opportunities
- B) Protectionism
- C) Efficient global markets
- D) Free Trade
International cooperation has ________ the process knowledge, information, and technology.
- A) Retarded
- B) Hampered
- C) Accelerated
- D) Decelerated
Which one of the following concepts advocates the claim that globalization is a solution to many global problems?
- A) Globalism
- B) Nationalism
- C) Hyper-Nationalism
- D) Patriotism
According to a criticism to Economic Globalization, which type of poverty is rising among the countries?
- A) Absolute poverty
- B) Generational poverty
- C) Situational poverty
- D) Relative poverty
The policy of a dominant and stronger nation in order to create an empire by dominating weaker nations politically, economically, and culturally is known as:
- A) Socialism
- B) Imperialism
- C) Communism
- D) Capitalism
Which one of the following ‘currents’ of alter-globalization movement claims that social change is not possible through international forums?
- A) The third current
- B) The fourth current
- C) The second current
- D) The first current
Which type of trade is referred as the exchange of raw materials, goods and services across the national borders?
- A) Cross-border Trade
- B) Entrepot Trade
- C) Retail Trade
- D) Import trade
The major opposition to globalization is from activists, unions, and NGOs in:
- A) Both developed and under-developed countries
- B) Developing countries
- C) Developed countries
- D) Under-developed countries
Some countries adjust their corporate tax system in order to attract:
- A) Gross National Product
- B) National Development
- C) Foreign Direct Investment
- D) Gross Domestic Product
Which one of the following organizations helps in the integration of local and global economy?
- A) Non-governmental Organizations
- B) Multinational Corporations
- C) Government Organizations
- D) Inter-governmental Organization
As per the anti-globalist point, poor countries are at a disadvantage because their major exports are comprised of:
- A) Industrial goods
- B) Agricultural goods
- C) Corporate services
- D) Technological goods
Which ‘current’ of the alter-globalization movement argues that broad social change can only be achieved if government and state appropriately implement the public policies?
- A) The first current
- B) The second current
- C) The third current
- D) The fourth current
Which one of the following ‘currents’ of alter-globalization movement argues that there is a dire need to develop coherent arguments on issues like food insecurity and sovereignty of the state?
- A) The first current
- B) The second current
- C) The fourth current
- D) The third current
History of third world countries can be traced back to the:
- A) Ancient Period
- B) WWI
- C) WWII
- D) Colonial Period
Smoot–Hawley Tariff Act (1930) introduced protectionist trade policies in:
- A) France
- B) United States
- C) Germany
- D) Great Britain
After the Taliban control, lots of Afghani residents moved to various countries in order to escape the unforeseen circumstances. This situation signifies which type of migration?
- A) Forced Migration
- B) Internal Migration
- C) In-migration
- D) Voluntary migration
When did Industrial Revolution began in the Great Britain?
- A) In the mid-18th century
- B) In the mid-17th century
- C) In the mid-19th century
- D) In the mid-16th century