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Practice Questions
Are There Winners and Losers of Globalization?
1. What does the “elephant graph” show?
*
A) The effect of globalization on GDP growth of different countries.
B) The effect of globalization on international trade.
C) The effect of globalization on total global economic output.
D) The effect of globalization on income growth for people of various incomes.
2. What has happened to the 1.1 billion people on the “back” and “head” of the elephant graph?
*
A) They have become more impoverished.
B) They have seen little change in their livelihood.
C) They have been lifted out of extreme poverty.
D) They have gained incomes equivalent to wealthy 1st world countries.
3. What is the primary reason people in the top of the “trunk” of the elephant have seen the most benefits under globalization?
*
A) They have access to the best education.
B) They work for the best companies.
C) They live in the most wealthy countries.
D) They can take advantage of global markets.
4. Why have the working and middle class in rich countries seen little to no growth?
*
A) Outsourcing & Automation.
B) Immigration & International Conflict.
C) Automation & Immigration.
D) Immigration & Outsourcing.
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Everyday Economics
Course
(21 videos)
Ian Bremmer and Tyler Cowen on Globalization and Robots
Avengers: The Story of Globalization
Practice Questions
Creative Destruction: Technology and Trade
Practice Questions
Are There Winners and Losers of Globalization?
Practice Questions
Globalization: What About Inequality? (Coming Soon)
Globalization: What About the Environment? (Coming Soon)
Globalization: What About Sweatshops? (Coming Soon)
Tyler Cowen on American Culture and Innovation
The Complacent Class
Practice Questions
The New Era of Segregation
Practice Questions
American Stasis
The Missing Men
Practice Questions
The Great Reset
Don Boudreaux on Trade and Prosperity
The Hockey Stick of Human Prosperity
Practice Questions
Division of Labor: Burgers and Ships
Practice Questions
How the Division of Knowledge Saved My Son's Life
Practice Questions
Comparative Advantage and the Tragedy of Tasmania
Practice Questions
What Caused the Industrial Revolution?
Practice Questions
Are We Better Off If We Buy Local?
Practice Questions
Fair Trade: Does It Help Poor Workers?
Practice Questions
Tyler Cowen on...
The Rise and Fall of the Chinese Economy
Alex Tabarrok on...
The Hidden Cost of Pollution
Practice Questions
Various Topics
Economist's Christmas
