3.2 Political and economic organisations and globalisation Quiz: Pearson Edexcel Geography, Unit 4

The 20 questions

1. Which of these is an example of an international political or economic organisation that promotes free trade and foreign direct investment?

   • Greenpeace
   • World Trade Organization
   • Red Cross
   • Amnesty International

2. The Association of Southeast Asian Nations is an example of which organisation type?

   • Military alliance
   • Monopoly
   • Charitable NGO
   • Free trade bloc

3. What term describes financial capital invested by a company into foreign business assets?

   • Government subsidy
   • Remittance capital
   • Official development assistance
   • Foreign direct investment

4. Selling state-owned industries to private ownership is known as which economic process?

   • Privatisation
   • Subsidisation
   • Protectionism
   • Nationalisation

5. Which 1978 policy shift opened China to foreign direct investment and international trade?

   • Open Door Policy
   • Five Year Plan
   • Great Leap Forward
   • Cultural Revolution

6. What is the primary purpose of creating Special Economic Zones?

   • Lowering import tariffs
   • Encouraging internal migration
   • Attracting foreign investment
   • Reducing national debt

7. How does the World Trade Organization primarily promote economic globalisation?

   • Managing exchange rates
   • Providing emergency loans
   • Reducing trade barriers
   • Funding infrastructure projects

8. A government reduces tariffs and sells state-owned airlines to private investors. Which policies are these?

   • Autarky
   • Free-market liberalisation
   • Nationalisation
   • Protectionism

9. What is the main goal of governments offering subsidies to foreign companies?

   • Increasing import tariffs
   • Restricting free trade
   • Attracting foreign investment
   • Promoting environmental protection

10. Which process involves governments selling state-owned businesses to promote economic liberalisation?

    • Deregulation
    • Nationalisation
    • Protectionism
    • Privatisation

11. What potential economic drawback can arise if Special Economic Zones lack local integration?

    • Rapid currency devaluation
    • Uncontrolled hyperinflation
    • Isolated economic enclaves
    • Widespread tariff increases

12. What term describes a regional group of countries agreeing to reduce trade barriers together?

    • Single enterprise
    • Trade bloc
    • World cartel
    • Economic zone

13. Which country introduced the Open Door Policy in 1978 to attract foreign direct investment?

    • India
    • Russia
    • Japan
    • China

14. Which incentive is commonly offered by national governments to attract foreign direct investment?

    • Tax breaks
    • High tariffs
    • Import quotas
    • Trade embargoes

15. Which action is an example of economic liberalisation by national governments?

    • Nationalising private firms
    • Controlling retail prices
    • Increasing import tariffs
    • Removing trade barriers

16. Which policy do international bodies like the IMF promote to increase global economic integration?

    • Free trade
    • Import quotas
    • Trade protectionism
    • Capital controls

17. What determines how far a Special Economic Zone benefits its surrounding region?

    • Local business linkages
    • International inflation levels
    • World Trade rules
    • National exchange rates

18. Which policy directly encourages a country to integrate into global trade flows?

    • Raising import taxes
    • Lowering tariffs
    • Imposing trade quotas
    • Restricting foreign capital

19. Which term describes the government policy of promoting free-market economic reforms such as privatisation?

    • Economic liberalisation
    • Autarky
    • Protectionism
    • Nationalisation

20. A special economic zone attracts 40 firms that each create 25 jobs. How many jobs does the zone create?

    • 400 jobs
    • 1,500 jobs
    • 65 jobs
    • 1,000 jobs

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