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2016. In an ideal world, displaced workers from trade competition could find new jobs, sometimes by moving or gaining new PIIE Briefing 18-1. D) the study of human-environment relationships. D) Los Angeles and Detroit. Other international issues includeterrorism,drug trafficking, andimmigration.The process of globalization is verycontroversial. C) war and occupation. Donors do not influence the conclusions or policy implications drawn from Institute research. Bigger factors than trade that drive job displacements are labor-saving technologies, like automated machines and artificial intelligence. Hufbauer, Gary Clyde. The economy of the country of Saudi Arabia is almost entirely dependent onoilexports.To increase trade, many countries have created free trade agreements with other countries. Globalization encourages each country to specialize in what it produces best using the least amount of resources, known as comparative advantage. They fear that everyone will end up eating hamburgers and watching Hollywood movies. If no button appears, you cannot download or save the media. A) Cultural assimilation. 2017. A) Tokyo, New York, and London. Please refer to the appropriate style manual or other sources if you have any questions. Globalization increases global wealth and improves economic development. Trade and Investment Policy Watch (December 2). Petri, Peter A., Michael G. Plummer, Shujiro Urata, and Fan Zhai. Globalization is the word used to describe the growing interdependence of the worlds economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. D) Kenya. New York: Macmillan. E) any market area for a retail business. Additional research by Anjali Bhatt, Cathleen Cimino-Isaacs, and Zhiyao (Lucy) Lu Employment in service industries has grown from about half to 84 percent of all Cultural diffusion is C) Acadians in Louisiana. A) the rapid and widespread diffusion of a characteristic throughout the population. Free trade and the rule of law were mainstays of the system, helping to prevent most economic disputes from escalating into larger conflicts. Engaging in a trade war, with escalating tit-for-tat tariffs, Violating WTO rules or circumventing established processes, Imposing tariffs to save US manufacturing jobs at specific companies, Restricting imports from specific countries to try to reduce bilateral trade deficits, The Payoff to America from Globalization: A Fresh Look with a Focus on Costs to Workers, The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade [pdf], Number of U.S. workers employed by foreign-owned companies is on the rise. Folk culture is often seen in which of the following traits? An example of a popular culture holiday that has transcended its folk culture roots is D) foods. If you have questions about licensing content on this page, please contact ngimagecollection@natgeo.com for more information and to obtain a license. OECD Publishing. 2011. Which is an example of a folk cultural landscape in the United States? Chapter 2 [pdf] of The United States and the World Economy: Foreign Economic Policy for the NextDecade. The series was written ahead of the 2019 Annual Meeting of the World Economic Forum in Davos, which focuses on "Globalization 4.0". Explain to students that globalization, in its simplest form, means a more connected world. E) cultural progression. But not until the 19th century did global integration take off. Battle in SeattleThe 1999 meeting of the World Trade Organization (WTO) was held in Seattle, Washington, United States. Terms of Service Copyright Notice Privacy PolicyPrivacy Policy. C) urban population. Trade and Investment Policy Watch (March 6). B) migrants. A) the rapid and widespread diffusion of a characteristic throughout the population. B) The spread of drive-through windows from fast food restaurants to liquor stores. National Archives and Records Administration The globalization of cultural subgroups is not limited to the upper classes. Ghose, Ajit K. 2004. For more updates from the Peterson Institute, subscribe to the newsletter. Employment Projections. Cambridge Journal of Economics Volume 28, Issue 2 (March): 22952. In previous pieces, we looked at some winners and losers of economic globalization, the environmental aspect of globalization, cultural globalization and digital globalization. Lawrence, Robert Z. Globalization offers greater equality for developing countries but has also diminished cultural diversity. D) religious beliefs are reflected in most aspects of culture. After World War II in the mid-1940s, the United States led efforts to revive international trade and investment under negotiated ground rules, starting a second wave of globalization, which remains ongoing, though buffeted by periodic downturns and mounting political scrutiny. How do Americans feel about globalization? Pushing aside legal roadblocks, workers have begun construction work on what is being called America's largest lithium mine, a project backed by the Biden administration but opposed by leftist . Demand will likely increase for more highly-skilled manufacturing workers, in areas such as engineering, management, finance, computer and mathematical occupations, and sales. Which of the following statements best describes laggards, according to the diffusion of innovations theory? National Aeronautics and Space Administration If no button appears, you cannot download or save the media. C. Globalization makes national identity irrelevant. Thompson, Robert L. 2007. . Statement before the US Senate Committee on Finance hearing "Current and Proposed Tariff Actions Administered by the Department of Commerce," June 20, 2018. The government may enact taxes on imports (called tariffs), limits on the quantity of imports (called quotas), subsidies to domestic industries, or other regulations. Beijing retaliated with its own tariffs on US goods, escalating into a trade war. Geography, Human Geography, Social Studies, Economics, This lists the logos of programs or partners of NG Education which have provided or contributed the content on this page. Hendrix, Cullen S. 2016. Hendrix, Cullen S. 2016. 1. connection of different parts of the world resulting in the expansion of international cultural, economic, and political activities. Stokes, Bruce. Hull, Cordell. Experts are tested by Chegg as specialists in their subject area. Washington: Peterson Institute for International Economics. When businesses want to manufacture their products at a cheaper rate, they employ the services from developing countries which is possible in countries such as China and Cambodia, where manufacturing costs and . C) rural areas of the South and Midwest. E) none of the above. D) values. C) Hierarchical diffusion. In fact, some Bollywood movies do much better in the United States or the United Kingdom than they do in India.Clothing styles have also become more uniform as a result of globalization. While every effort has been made to follow citation style rules, there may be some discrepancies. D) South Florida. 2 See answers Advertisement rather than to suburban developments? B) favors males over females More open trade could add another $540 billion to the US economy by 2025, equivalent to $1,600 a year in income per person. Vox (August 11). C) has equality between males and females Tell students they can choose one aspect of globalization, such as economic costs and benefits, or they can look at the issue as a whole. D) Stimulus diffusion. The best ideas from market leaders spread more easily. 2017. Here are some of the crucial areas that economists have proposed the United States should focus on, as outlined in many studies at the Peterson Institute and other policy organizations. Cultural globalization is the spread of the culture, customs, or ideas of a place or a people to the rest of the world. A) are selected for the recyclable properties. 4. Each multiple choice question has five possible answers. Reserves are international assets held by the US If a student blindly guesses the answer to every question, what is the probability that the student will correctly answer all six questions? The fiery chili pepper is native to the Western Hemisphere. Rodrik, Dani. E) All of the above. C) they want to preserve their traditional cultures. This lists the logos of programs or partners of, Yale University: Yale Center for the Study of Globalization, Standard 3: Allocation of Goods and Services, choose and support one side of the debate, Tech Setup: 1 computer per learner, Speakers. 3. Nearly All US Trade Deals Were Negotiated, Signed, and Implemented by Republicans. D. Globalization Increases interactions and interdependence between places., What type of precipitation is associated . D) the spread of an idea or trait through the physical movement of people from one Number of U.S. workers employed by foreign-owned companies is on the rise. Another global subgroup comprises cosmopolitans who nurture an intellectual appreciation for local cultures. Aid agencies can respond more quickly to a natural disaster. US Marine Corps C) culture hearth. Bown, Chad P. 2021. Prospects for Economic Reform and Medium-Term Growth in the United States. They are generally held by or owed to firms, banks and other financial institutions, or governments. largely composed of bank loans) has been more volatile. D) The spread of Wal-Mart from Arkansas to the rest of the United States. safety net programs. Globalization is the movement and integration of goods and people among different countries. By sharpening such identities, these NGOs have globalized the movement to preserve indigenous world cultures. Global Value Chains and Development: Investment and Value Added Trade in the Global Economy. Hufbauer, Gary Clyde, and Zhiyao (Lucy) Lu. Folk culture is transmitted from one location to another primarily through 2016. Students research, analyze, and debate the pros and cons of globalization. PIIE Policy Brief 12-9. Washington: Peterson Institute for International Economics. A trade surplus is the opposite, when earnings from exports top spending on imports. Washington: Peterson Institute for International Economics. Terms of Service| E) Native Americans. E) none of the above, AP Human Geography Chapter 4 Multiple Choice, Information Technology Project Management: Providing Measurable Organizational Value, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, The Cultural Landscape: An Introduction to Human Geography, AP Edition. Washington: Peterson Institute for International Economics.Bown, Chad P., and Jennifer A. Hillman. Contagious diffusion is Popular Culture is characterized by all of the following except Washington: Peterson Institute for International Economics. B) Contagious diffusion. Peterson Institute for International Economics. 2021. C) the spread of an idea from persons of power to other persons. 2. 2018. 2017. US-China Trade War Tariffs: An Up-to-Date Chart. His administration negotiated the US-Mexico-Canada Agreement (USMCA) to replace NAFTA; the agreement entered into force in 2020. Table of Contents Thesis Statement Introduction How youth culture operates in the contemporary global world The negative aspects of youth culture The future of youth culture and globalization Conclusion Works Cited We will write a custom Term Paper on Youth Culture and Globalization specifically for you for only $11.00 $9.35/page 2016. B) influence of a culture decreases the further one travels from the core. Manufacturing employment share has also declined Because of this,economic downturns in one country are repeated in other countries. Which of the following statements best describes cultural hybridization? Promotes free trade. For more, watch the video, Is the US Trade Deficit a Problem?. Freund, Caroline. British factories made fabric and other goods from the cotton. C) Midwest. World Trade Organization E) Detroit and Nashville. The example of quinoa in this chapter was used to illustrate an aspect of the globalization paradox. They can also find resources at the school library or a local library. This court, which handles cases such as war crimes, has a global reach, although not all countries have accepted it.Many problems facing the world today cross national borders, so countries must work together to solve them. Trump Tariffs Primarily Hit Multinational Supply Chains, Harm US Technology Competitiveness. Washington: Peterson Institute for International Economics. Reuters/Daniel Acker, Russell Boyce, Marcos Brindicci, Larry Chan, Kevork Djansezian, Regis Duvignau, Gary Hershorn, Leah Millis, Charles Platiau, John Sommers II, and Piroschka van de Wouw She or he will best know the preferred format. The problem is compounded because policymakers have done little to help workers and communities adjust at a time when the wealthiest Americans have gained the most in recent years. Christina Riska Simmons, adapted from National Geographics Illicit: The Dark Trade activity The Debate Over Globalization. tax credits, better unemployment benefits, and subsidies for health insurance for all displaced workers regardless They will best know the preferred format. 2016 were $26 trillion, equal to 140 percent of US GDP. Keynes, Soumaya, and Chad P. Bown. See how trade helps both sides be more productive. A) A race often has a single homeland, an ethnicity is usually scattered across the world. A) the fear of outsiders. B) Winnipeg, MB. B) New and Miami. E) none of the above. Often, this results in lower costs for consumers, too.Economicmarkets are global. B) The spread of English to the British Colonies. The Westernization reached much of the world as part of the process of colonialism and continues to be a significant cultural phenomenon as a result of globalization. Many of them also face lower earnings or have dropped out of the workforce. JOB CHURN A) Zimbabwe. What is the probability that a bat consumes four mosquitoes in a 30 -second interval? Bergsten, C. Fred. The way globalization allowed this situation to spread led to the nation of Iceland nearly goingbankrupt, for example.PoliticsCultural and economic globalization have caused countries to become more connected politically. Trade, Innovation, and Economic Growth [pdf]. United States spends only a fifth of what other advanced economies spend on average to help people find new jobs Which of the following areas is not considered a cultural realm? D) urban areas in California. B) are often imported from distant countries. Today, news and information zips instantly around the world on theinternet. D) Many younger people who are childless arent concerned with the quality of public How Offshoring and Global Supply Chains Enhance the US Economy. You cannot download interactives. D) Folk cultures have great reverence for their environment. Kirkegaard, Jacob Funk. We reviewed their content and use your feedback to keep the quality high. Lovely, Mary E., and Yang Liang. C) the spread of an idea from persons of power to other persons. Globalization puts pressure on nations to reduce tariffs, subsidies and other barriers to free trade. Posen, Adam S. 2018. PIIE Charts. Trade and Investment Policy Watch (September 5). Make sure students understand that there are pros and cons to globalization, all of which have economic, social, political, and cultural impacts. All of the choices. Some GOP congressional members spoke out against Trump on certain trade issues (see example) or drafted bills to limit his authority on tariffs. Globalization refers to the technological, political, economic, financial, and cultural exchanges between peoples and nations that have made and continue to make the world a more interconnected and interdependent place. Any interactives on this page can only be played while you are visiting our website. Today,80 percent of world tradeis driven by supply chains run by multinational corporations. B) Southern Florida. Introduce globalization. Which of the following statements best describes the primary effect of globalization? Sometimes, migrant workers travel many thousands of miles. Another group stems from the rise of a transnational workforce. Have students write about globalization. E) All of the above. E) Japanese capitalism. 30 seconds. Ironically, modern technology is often used to preserve and spread traditional beliefs and customs.Opponents to globalization blame free trade for unfair working conditions. Realtime Economic Issues Watch (January 21). This is the process by which a less dominant culture adopts some of the traits of a A culture keeps its own cultural ideas from other cultures. B) the belief that Westerners are superior to African and Asian cultures. Wages are stagnant, as health care and higher education costs rise. This feature was first published on October 29, 2018 and last updated on August 24, 2021. Trade and Investment Policy Watch (May 8). People may choose to immigrate for a variety of reasons, such as employment opportunities, to escape a violent conflict, environmental factors, educational purposes, or to reunite with family. D) skyscrapers. Imports are goods or services purchased from outside the country. Learn more about U.S. immigration with this curated resource collection. 1145 17th Street NW A) interstate highways. OECD (Organization for Economic Cooperation and Development). Initiative on Global Markets. 2021. Text on this page is printable and can be used according to our Terms of Service. Bialik, Kristen. Which of the following concepts is part of the mindfulness dimension of intercultural communication competence? individuals and their communities. 2018. Steel and Aluminum Tariffs. Globalization moves jobs and capital to places that need these resources. US Trade Agenda Requires Greater Focus on Social Concerns. b. Find step-by-step World history solutions and your answer to the following textbook question: Which statement best describes how globalization is affecting the world? E) All of the above. Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.Countries have built economic partnerships to facilitate these movements over many centuries. Studies have shown that bats can consume an average of ten mosquitoes per minute (berkshiremuseum.org). D) influence of a culture decreases as one travels in and around. devising communication strategies to accomplish communicative goals, constructing messages consistent with communicative strategies. D) the belief that one's own ethnic group is superior to others. Globalization has led to increases in standards of living around the world, but not all of its effects are positive for everyone. At McDonalds in Uruguay, a McHuevo is a burger topped with a fried egg. Globalization involves interconnectivity amongst people and businesses across the world. The Truth about Trade Agreementsand Why We Need Them. Which example is not an ethnic region of North America? Step 1) Answer: The statement that best describe the trends in globalization of markets is option d. Unable to increase markets domestically, most of the companies look in expanding their markets in other places of the world. Due to modern means of communication and transportation, the world is unified. Globalization changes the types of jobs available but has little effect on the overall number of jobs in the ever-changing US labor market. Washington: Peterson Institute for International Economics. Total US liabilities to foreigners were $34 trillion in C) are available locally. New York: United Nations. D. Globalization contributes to global political, economic, and military dominance of some countries over others. 2003-2023 Chegg Inc. All rights reserved. Trade expert Gary Clyde Hufbauer points out that the national income gains In 2018, the Trump administration started imposing tariffs on China citing a variety of reasons, including helping American manufacturing, countering forced technology transfers, and reducing Chinas large bilateral trade surplus in goods. C) Syncretism. The globalization of Christianity spread from Europe toLatin Americathrough Christian missionaries working with the local populations.Globalization wasaccelerated in the nineteenth century with theIndustrial Revolution, as mechanicalmills and factories became more common. Let us know if you have suggestions to improve this article (requires login). more dominant culture. B) Step migration. They also sold their goods in other countries.Britainscolonyin India, for instance, suppliedcottonto Britishmerchants and traders.Madras, a light cotton cloth, was made in the city of Madras (now called Chennai), a majorportin India. E) None of the above. US Air Force Go to the PBS website to find out where you can get the full DVD. 2019. C) cultural succession. Princeton, NJ: Princeton University Press. Miles offiber-opticcable now connect the continents, allowing people around the world to communicate instantly through the borderless World Wide Web.CommunicationModerncommunicationhas played a large role in cultural globalization. A payment of money or goods from the family of a bride to the grooms father is . Globalization has forced changes on Gogol's family that he accepts , but thathis parents resist . This activity targets the following skills: The resources are also available at the top of the page. B) the circulation of a daily newspaper. Code of Ethics| What is the term for a group of people who identify with their cultural and 12%,$110,000 note. Globalization has brought changes to Gogol's family that they are learning to like . In 2002, theInternational Criminal Courtwas established. C) each major world religion can be directly linked to a cultural homeland. Bradford, Scott C., Paul L. E. Grieco, and Gary Clyde Hufbauer. Washington: Peterson Institute for International Economics. D) the spread of an idea or trait through the physical movement of people from one place B) influence of a culture decreases the further one travels from the core. D) New England. Trade and Investment Policy Watch (January 18). Globalization has increased the number of students studyingabroad.Not everyone says that globalization is good, however. Geneva: World Trade Organization. Edited by Madona Devasahayam, Helen Hillebrand, and Steven R. Weisman 2021 Peterson Institute for International Economics. integrated but dropped dramatically during the global financial crisis of 200809. All rights reserved. Many are most comfortable with goods and services that resemble what they have at home. Prepare the entries to record (a) issuance of the note and (b) payment of the note at maturity. E) Transculturation. called a globalization on culture and identity 68. The Institute discloses all sources of funding, which comes through donations and grants from corporations, individuals, private foundations, and public institutions, as well as income on the Institutes capital fund and from publishing revenues. Misconceptions on the Campaign Trail: US Manufacturing. Lu, Zhiyao (Lucy), and Gary Clyde Hufbauer. Ltd. Globalization supports new job opportunities but also contributes to job displacement. D) the innovation of a cultural trait. In 1994, the United States, Mexico, and Canada signed theNorth American Free Trade Agreement (NAFTA), which eventually ended all tariffs on trade goods between the three nations. Before 2016, Republicans generally favored US trade deals and Democrats generally voted against them. More job training and education is needed to prepare workers for these jobs. Which of the following is an example of relocation diffusion? E) a culture realm. C) the spread of an idea from persons of power to other persons. Bown, Chad P. 2021. E) folk cultures eat mostly foods that locally available. nonfarm, nongovernment employment. A culture overcomes a threat to its own by strengthening its own cultural image. Which of the following is not an ethnic concentration in North America? Which of the following concept best illustrates the degree to which pairs of individuals who interact are similar in certain attributes, such as beliefs, education, and social status? Our editors will review what youve submitted and determine whether to revise the article. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Washington: Peterson Institute for International Economics. Globalizationis the connection of different parts of the world. Three Ways to Reduce a Trade Deficit. to another. A) African-Americans. Washington: Peterson Institute for International Economics. B) Culture is learned behavior that is passed from one generation to the next. 236. If a media asset is downloadable, a download button appears in the corner of the media viewer. Trade and Investment Policy Watch (November 6). Tariffs remain elevated under President Joseph R. Biden Jr., as of mid-2021. Relocation diffusion is The correct answer is 2: The world is becoming more globalized and connected. C) Log cabins in Appalachia. E) sub-Saharan Africa. Many buildings were damaged. Meanwhile, American fast food chains have become common throughout the world.McDonald'shas more than 37,000 restaurants in over 100 countries. Americansoftwarecompanies, such as Microsoft, rely on international trade to make largeprofits. Alice Manning, National Geographic Society Join our community of educators and receive the latest information on National Geographic's resources for you and your students. As a major world trading partner and manufacturing hub, China has become one of the most dominant forces in the global economy. C) Ghana. 9. Assistance (TAA), though it only helps workers directly impacted by trade and the amounts paid are limited. People and organizations invest in companies all over the globe. The surplus in services suggests the competitive strength of US services in the global market. Have students debate globalization. Chart data collected by Christopher G. Collins and Soyoung Han This appears, however, to be an overstatement of the phenomenon. Kirkegaard, Jacob Funk. Published online at OurWorldInData.org (accessed on October 24, 2022). A) marriage tax. schools which have a reputation for being bad. d. B) subsequent occupance. Lawrence, Robert Z., and Tyler Moran. Omissions? By late 2019, tariffs had increased to around 20 percent and new duties covered over half of exports from each country. Consumers must be responsible to a triple bottom line of economic value, social progress, and environmental health. A) Italians in southern New England. For chart sources, see Figure 3 in Policy Brief. E) none of the above. Globalization only connects people in developed countries. Mathieu, Edouard, Hannah Ritchie, Lucas Rods-Guirao, Cameron Appel, Charlie Giattino, Joe Hasell, Bobbie Macdonald, Saloni Dattani, Diana Beltekian, Esteban Ortiz-Ospina and Max Roser. Foreign Affairs (March/April). Many were injured in confrontations with police. With anyone in the world now a text, click, call, or plane flight away, 95 percent of potential customers for goods and services are outside the United States, ready to buy goods and services from other countries if US producers are barred from their markets. US Tire Tariffs: Saving Few Jobs at High Cost. Countries frequently cooperate to enact trade agreements. Today, Americans rely on the global economy for many of the things they buy and sell, and to expand their businesses and make investments. Originally published October 29, 2018Last updated October 24, 2022.