Practice Challenges to Globalisation - 4.8 | Chapter 4: Globalisation and Recent Trends in Business | ICSE Class 12 Business Studies
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4.8 - Challenges to Globalisation

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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define trade wars.

💡 Hint: Think about conflicts that arise due to trade policies.

Question 2

Easy

What does protectionism aim to do?

💡 Hint: Consider the opposite of free trade.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What are trade wars?

  • A form of diplomacy
  • Economic conflicts involving tariffs
  • Cultural exchanges

💡 Hint: Think about how countries may react to protect their economies.

Question 2

True or False: Protectionism promotes free trade among countries.

  • True
  • False

💡 Hint: Consider what protectionism aims to achieve.

Solve 3 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Analyze the effects of a prolonged trade war between two major economies on global supply chains. What strategies might businesses adopt to shield themselves?

💡 Hint: Think about how tariffs can influence costs and sourcing.

Question 2

Consider the ethical implications of increased globalisation on income inequality. Propose measures to address this issue on an international scale.

💡 Hint: Consider ways that businesses and governments can collaborate.

Challenge and get performance evaluation