4.8 - Challenges to Globalisation
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Practice Questions
Test your understanding with targeted questions
Define trade wars.
💡 Hint: Think about conflicts that arise due to trade policies.
What does protectionism aim to do?
💡 Hint: Consider the opposite of free trade.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What are trade wars?
💡 Hint: Think about how countries may react to protect their economies.
True or False: Protectionism promotes free trade among countries.
💡 Hint: Consider what protectionism aims to achieve.
3 more questions available
Challenge Problems
Push your limits with advanced challenges
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.
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.
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Reference links
Supplementary resources to enhance your learning experience.
- Globalization and Trade - Overview
- Understanding Trade Wars
- What is Protectionism?
- Political Instability - Definition and Effects
- Cybersecurity Basics
- Global Income Inequality
- Environmental Issues from Globalization
- Roughly Speaking: Global Inequality
- The Impact of Trade Wars on Global Economy
- Global Indicators of Political Instability