Globalisation and international issues (Difficult) Quiz

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📝 IELTS – English Vocabulary – Globalisation and international issues – Difficult

20 questions · 15 min timer · Explanations included · Free

Which term describes the movement of capital, people, and goods across borders?

Nationalism

Protectionism

Isolationism

Globalisation

None

Globalisation involves the movement of capital, people, and goods across borders, promoting international trade and cultural exchange. Isolationism is the opposite, focusing on limiting such interactions.

Which term refers to the process of a company moving its operations to another country to reduce costs?

Offshoring

Outsourcing

Insourcing

Nearshoring

None

Offshoring is the process of relocating business operations to another country to reduce costs. Outsourcing involves contracting out services to third parties, which may or may not involve moving operations overseas.

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