Globalisation and international issues (Difficult) Quiz Home › IELTS › IELTS English Vocabulary › Globalisation and international issues (Difficult) 📝 IELTS – English Vocabulary – Globalisation and international issues – Difficult 20 questions · 15 min timer · Explanations included · Free 1. Which of the following terms refers to the ability of a country to produce a good at a lower opportunity cost than another country? Absolute Advantage Comparative Advantage Competitive Advantage Monopolistic Advantage None 1 out of 20 2. Which term refers to the process of a company moving its operations to another country to reduce costs? Outsourcing Insourcing Offshoring Nearshoring None 2 out of 20 Loading questions... 3 out of 20 Loading questions... 4 out of 20 Loading questions... 5 out of 20 Loading questions... 6 out of 20 Loading questions... 7 out of 20 Loading questions... 8 out of 20 Loading questions... 9 out of 20 Loading questions... 10 out of 20 Loading questions... 11 out of 20 Loading questions... 12 out of 20 Loading questions... 13 out of 20 Loading questions... 14 out of 20 Loading questions... 15 out of 20 Loading questions... 16 out of 20 Loading questions... 17 out of 20 Loading questions... 18 out of 20 Loading questions... 19 out of 20 Loading questions... 20 out of 20 Click Submit to see your final score! Previous Start Quiz Next Time's upTime is Up!