Pearson Edexcel IGCSE · Economics

Globalisation: Practice Questions

5 multiple-choice questions marked as you go, and 2 written questions with worked solutions. All on Globalisation.

7 questions18 marksFree, no account

Question 1

1 mark

Which of the following factors has been a significant reason for the rapid acceleration of globalisation in the 21st century?

Question 2

1 mark

Which combination of factors represents the most significant environmental risks associated with the expansion of MNCs in developing nations?

Question 3

1 mark

A large Multinational Corporation (MNC) decides to relocate its manufacturing plant from a developed country to a developing country to take advantage of lower labour costs. Which of the following describes the most likely impact on the developing country’s environment and the developed country’s labour market?

Question 4

1 mark

A government offers tax incentives and subsidies to attract Foreign Direct Investment (FDI). Which of the following represents a trade-off of this policy?

Question 5

1 mark

Which of the following is a primary reason for the emergence and growth of Multinational Corporations (MNCs) in the global economy?

Question 6

5 marks

Define globalisation and explain why the reduction of tariffs and quotas by international trade agreements has been a fundamental cause of this process.

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Question 7

8 marks

Globalisation has led to a rapid increase in the number and influence of Multinational Corporations (MNCs) operating in developing economies.

(a) Define a Multinational Corporation.
(b) Explain two reasons why an MNC might choose to engage in Foreign Direct Investment (FDI) in a developing country rather than exporting to it.
(c) Evaluate the impact of MNCs on a host country's environment and its local traditional industries. To what extent do the benefits of job creation outweigh these negative impacts?

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