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1

Nonprofit organizations that are formed to influence government policy and actions are called MNCs.
A)True
B)False
2

The basic purpose of the EU is to assure political and economic stability among the dominant nations of Europe.
A)True
B)False
3

The growth of capitalism on a world-wide basis is one of the most important trends of the 20th century.
A)True
B)False
4

Economic forces involved in globalization have encouraged massive migrations of peoples from one country to another.
A)True
B)False
5

Globalization has influenced values around the world significantly.
A)True
B)False
6

The expansion of people, goods, capital, ideas, and cultures across national borders is known as:
A)the GDP.
B)MNCs.
C)the GNP.
D)globalization.
7

The power of a nation to govern its own affairs without outside interference is called:
A)culture.
B)sovereignty.
C)globalization.
D)NGO.
8

Networks of economic, political, and environmental interdependence that span worldwide distances are called:
A)globalization.
B)FDI.
C)outsourcing.
D)GNP.
9

Two or more nations that sign an agreement to cooperate in free trade between them are called a(n):
A)GDP.
B)free trade block.
C)FDI.
D)culture.
10

When the Mexican government sets up a corporation to produce goods for export, this is called a(n):
A)FDI.
B)keiretsu.
C)maquiladora.
D)chaebol.
11

NGOs are also called:
A)FDIs.
B)cultures.
C)civil society groups.
D)free trade blocks.
12

Voluntary organizations that form together to meet shared goals are called:
A)FDIs.
B)NGOs.
C)JITs.
D)free trade blocks..
13

A group of informally-linked companies in Japan that form around a large bank that coordinates the business activities of these companies is called a(n):
A)keiretsu.
B)chaebol.
C)maquiladora.
D)FDI.
14

When companies owned by a country are controlled by friends of that country's leader, this is called:
A)a merger.
B)crony capitalism.
C)an alliance.
D)an FDI.
15

When a group of informally-linked companies in South Korea form around a large bank that coordinates their business activities, this is called a(n):
A)merger.
B)acquisition.
C)chaebol.
D)free trade block
16

A system of shared values and customs that a society teaches its members is called its:
A)identity.
B)acquisition.
C)culture.
D)FDI.
17

The number of people living in the EU is approximately ______ million people.
A)25
B)150
C)250
D)450
18

The uniform currency of the EU since 1999 is the:
A)peso.
B)dollar.
C)euro.
D)schilling.
19

The trade block consisting of the U.S., Mexico, and Canada is known as:
A)the EU.
B)FTI.
C)NAFTA.
D)APEC.
20

About how many countries contribute funds to the reserve of the IMF?
A)60
B)90
C)130
D)180







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