Having students debate both sides of an issue builds their critical thinking and problem-solving skills. Have students write a bulleted list of information that supports the views they selected. PIIE Working Paper 19-17. A) a cultural environment. 236. McDonalds in Japan features a green-tea flavored milkshake. D) the study of human-environment relationships. Lawrence, Robert Z. The same is true, by comparison with local averages, of US firms that invest abroad. Global supply chains are production networks that assemble products using parts from around the world (known asintermediate goods). 6. B) Anglo America. 3. Trade and Investment Policy Watch (September 5). The idea was to create a better world with countries seeking to cooperate with one another to promote prosperity and peace. Globalization has brought McDonalds to billions of consumers worldwide. Why, After 200 Years, Cant Economists Sell Free Trade? The globalization of Greek culture came with the conquerorAlexander the Great. D) folk cultures must use local materials when building. You are using a browser version that is no longer supported by this website and could result in a less-than-optimal experience. What is the term for a group of people who identify with their cultural and The true statements about globalization offer an advantage to businesses are: Businesses can take advantage of favorable laws, taxes, new forms of technology, and faster technology to make products cheaply. The real reason youre not getting a pay raise. Understanding the relative costs and benefits can pave the way for alleviating problems while sustaining the wider payoffs. Christina Riska Simmons, adapted from National Geographics Illicit: The Dark Trade activity The Debate Over Globalization. 2018. Have the two groups debate the issue. E) All of the above. 2. 2017. The concept of empathy is associated with many important aspects of in intercultural communication behabiour. This meeting was protested by thousands of people opposed to globalization. * (2 Points) causes threats to folk culture causes environmental impacts creates uniform landscapes all of the above. This chart shows how yearly US transactions grew over time as the global economy and financial system became increasingly Foreign Affairs (January/February). The definition of cultural globalization is the process through which the values, ideas, and experiences of a specific culture are transmitted and disseminated across the world. Trade and Investment Policy Watch (August 30). to another. Countries are growing less likely to trade with one another. C) Acadians in Louisiana. Since the overall payoff is so much greater than the costs to individual workers or groups who have lost out, nearly all economists support having an open global market versus closing it off (see example). Which is an example of a folk cultural landscape in the United States? D) a cultural landscape. E. Encourage governments to make innovative uses of local resources. The protests turned violent. D) forces women to bear children. achieve solutions on national security, immigration, and the environment, Weakens rules-based trading system that the United States and much of the world relies on to keep foreign E) religion. D) The Gulf Coast. The global economy allows us to eat the foods we want all year round andbuyclothing and gadgets at lower prices. Washington: Peterson Institute for International Economics. Advanced medicines are more easily and widely available to people who may not have been able to afford them. Which of the following is an example of stimulus diffusion? Associated Press/Abe Fox Others saw benefits in overturning traditional ways and developing modern . B) Hispanics in the Southwest. After World War II in the mid-1940s, the United States led efforts to revive international trade and investment under negotiated ground rules, starting a second wave of globalization, which remains ongoing, though buffeted by periodic downturns and mounting political scrutiny. The audio, illustrations, photos, and videos are credited beneath the media asset, except for promotional images, which generally link to another page that contains the media credit. C) the isolation of a culture from the rest of the world. Washington: Peterson Institute for International Economics. C) they want to preserve their traditional cultures. President Trump canceled TPP and threatened withdrawing from NAFTA, the Korea-US Free Trade Agreement (KORUS) (later revised and signed), and the WTO. There are ongoing efforts started in December 2017 by the European Union, United States, and Japan to negotiate new rules that would potentially be embedded within the WTO. A) Race. E) none of the above. is an aspect of cultural globalization and refers to the reduction in cultural diversity . A) American news organizations, such as CNN. Globalization is growing less important as time passes. C) Western Europe. B. Pew Research Center (August 7). 4. Contact Us. B) Culture is learned behavior that is passed from one generation to the next. Hufbauer, Gary Clyde, and Euijin Jung. E) Vancouver, BC. Because US firms often beat international competitors at supplying high-skill serviceslike engineering, legal, consulting, research, management, and information technologyworkers in these fields have benefited the most from globalization. US Air Force Although market borders are blurring, it is still easy to determine the nationality of companies. University of Chicago Booth School of Business. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. The facilities of a Holiday Inn hotel, for instance, are very similar, whether the location is Bangor, Maine, or Bangkok, Thailand.Travel and tourism have made people more familiar with other cultures. E) None of the above. E) none of the above. The incident is sometimes called "the Battle in Seattle.". C) St. Valentine's Day. Freund, Caroline. Ensure that every country provides its citizens fair political representation. C) a culture hearth. The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade [pdf]. D) Los Angeles and Detroit. 5. Experts are tested by Chegg as specialists in their subject area. devising communication strategies to accomplish communicative goals, constructing messages consistent with communicative strategies. Newsroom| 2016. Today, foods in Korea and many parts of China are often spicy. PIIE Policy Brief 18-6. A Survey of Experts. Battle in SeattleThe 1999 meeting of the World Trade Organization (WTO) was held in Seattle, Washington, United States. Going It Alone in the Asia-Pacific: Regional Trade Agreements Without the United States. American soap operas are popular in Israel.India, for instance, has a thriving film industry, nicknamed Bollywood. Bollywood movies are popular both in India and with the huge population of Indians living abroad. Westernization, the adoption of the practices and culture of western Europe by societies and countries in other parts of the world, whether through compulsion or influence. At McDonalds in Uruguay, a McHuevo is a burger topped with a fried egg. B) The spread of drive-through windows from fast food restaurants to liquor stores. C) Traditional medicines. Bergsten, C. Fred. Such policies could reduce worker anxiety about job turnover across the board, whether it be from inflation down, Can put the United States at a disadvantage since other countries continue to strike their own deals with each other that In this context, liberal refers to more free or open trade. Wages have also stagnated, though economists are still debating the exact causes. Students research, analyze, and debate the pros and cons of globalization. The Peterson Institute for International Economics is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions. Which statement concerning the globalization of Western culture is true? For example, many software engineers and Internet entrepreneurs who live and work in Silicon Valley, California, maintain homes inand strong social ties toIndian states such as Maharashtra and Punjab. Peterson Institute for International Economics. 2003-2023 Chegg Inc. All rights reserved. Expanding on the concept of Davos culture, sociologist Peter L. Berger observed that the globalization of Euro-American academic agendas and lifestyles has created a worldwide faculty cluban international network of people who share similar values, attitudes, and research goals. PIIE Policy Brief 17-23. As a major world trading partner and manufacturing hub, China has become one of the most dominant forces in the global economy. Our editors will review what youve submitted and determine whether to revise the article. PIIE Policy Brief 18-12. through education, training, job search assistance, and other active labor market programs. D) Asian-Americans. Chapter 7 of US-China Economic Relations: From Conflict to Solutions. Washington. A) Relocation diffusion. E) all of the above. D) The spread of Roman Catholicism to Latin America. Furman, Jason. D) Chain migration. The patterns of cultural globalization is a way of spreading theories and ideas from one place to another. 2011. The fiery chili pepper is native to the Western Hemisphere. For example, they may stop chargingtariffs, or taxes, on imports. The second thing is that any form of globalization will generate winners and losers. A) the rapid and widespread diffusion of a characteristic throughout the population. Distribute copies of the worksheet Decision Matrix to each student. Trade and Investment Policy Watch (March 6). E) All of the above. 2011. Chapter 2 [pdf] of The United States and the World Economy: Foreign Economic Policy for the NextDecade. SCALED UP BUSINESSES Step 1) Answer: The statement that best describe the trends in globalization of markets is option d. Unable to increase markets domestically, most of the companies look in expanding their markets in other places of the world. The percent of US jobs in manufacturing has steadily declined since the 1940s, before the rise of China, NAFTA, Experts are tested by Chegg as specialists in their subject area. Globalization has very little impact on culture. 2005. 1145 17th Street NW Services are business activities conducted between countries, such as tourism, finance, insurance, real estate, science exchanges, professional services, business management, education, health care, arts, entertainment, accommodation, and food services. Which cultural phenomenon below is not an example of syncretism? B) Step migration. Ask them to brainstorm what some pros and cons may be, and write them on the board. The result is a collection of elite groups whose unifying ideals transcend geographical limitations. This is the process by which a less dominant culture adopts the traits of a more Federal Reserve Bank of Chicago. D) globalization. In 2002, theInternational Criminal Courtwas established. C) they want to preserve their traditional cultures. People in the United States enjoy listening to South African music and reading Japanese comic books. Hierarchical diffusion is Countries exposed to globalization have alleviated inequality to different degrees through tax and welfare systems. US administrations have taken different approaches to deal with these concerns. Washington: Peterson Institute for International Economics. Other international issues includeterrorism,drug trafficking, andimmigration.The process of globalization is verycontroversial. Which of the following statements best describes the primary effect of globalization? B) strip malls. D) religious beliefs are reflected in most aspects of culture. The process of immigrating to the United States can be complicated and is often driven by a few key principles including uniting families, boosting the economy with skilled professionals, promoting diversity, and helping refugees. from both cultures. E) all of the above. 1997. Today, news and information zips instantly around the world on theinternet. 2016. It gives rich countries access to lower cost resources and labor and poorer countries access to jobs and the investment funds they need for development. called a Most of these internationaltourists are from developed countries. PIIE Policy Brief 16-20. D) are symbolic in nature. Desilver, Drew. The Post-American World Economy: Globalization in the Trump Era. trade or other bigger factors. E) Navajo hogans. E) Cultural assimilation. Explain to students that globalization, in its simplest form, means a more connected world. 2018. The idea of maintaining international law has also grown. 7. c. What is the probability that a bat does not consume any mosquitoes in a 30 -second interval? Videos by Daniel Housch A) Cultural assimilation. Washington: Peterson Institute for International Economics. National Aeronautics and Space Administration C) Many younger people like to be near cultural amenities in the city. The U.S. Income Distribution:Trends and Issues [pdf]. About 70 percent of the people in the world usecell phones. C) influence of a culture stays the same the further one travels from the core. Globalization refers to the technological, political, economic, financial, and cultural exchanges between peoples and nations that have made and continue to make the world a more interconnected and interdependent place. American industrial production is at 2013. D) Nation. The best ideas from market leaders spread more easily. Contagious diffusion is Ethnocentrism is What is the probability that a bat consumes four mosquitoes in a 30 -second interval? E) none of the above. Learn more about U.S. immigration with this curated resource collection. Now we look back at its history. D) the spread of an idea or trait through the physical movement of people from one place Three Ways to Reduce a Trade Deficit. All of the following reflect a popular cultural landscape except D) the belief that one's own ethnic group is superior to others. If you have questions about how to cite anything on our website in your project or classroom presentation, please contact your teacher. Sometimes, thesemigrantworkers travel a short distance, such as between the Mexican state of Sonora and the U.S. state of California. Rodrik, Dani. E) Tokyo, Paris, and Los Angeles. A) The suburbs are too bland and boring. This appears, however, to be an overstatement of the phenomenon. Employment Projections. C) American TV shows. US Bureau of Labor Statistics. B) South Africa. PIIE Charts (July 26). Peddling Protectionism. 2017. Trade liberalization is the opposite of protectionismwhen countries allow people and businesses to buy and sell across borders with fewer restrictions. globalization is a term that is used to refer to the increased interdependence among nations. The global market still has great potential for the US economy. B) influence of a culture decreases the further one travels from the core. Chart data collected by Christopher G. Collins and Soyoung Han E) Transculturation. . cultural globalization, phenomenon by which the experience of everyday life, as influenced by the diffusion of commodities and ideas, reflects a standardization of cultural expressions around the world. They fear that everyone will end up eating hamburgers and watching Hollywood movies. Washington: Peterson Institute for International Economics. Bergsten, C. Fred. A) African-Americans. d. EconomyThe internationaleconomyhas also become more globalized in recentdecades. In general, younger people are more supportive of free trade, as most have never known a world without the current system. 2015. One in five American manufacturing workers is now employed by a foreign-owned company operating in the United States. B) influence of a culture decreases the further one travels from the core. Irwin, Douglas A. 9. Library of Congress Dueto globalization and other factors, it isimpossible for large industrialized nations toexit the global economy without devastating effects. The By late 2019, tariffs had increased to around 20 percent and new duties covered over half of exports from each country. Moran, Theodore H., and Lindsay Oldenski. Here are some of the crucial areas that economists have proposed the United States should focus on, as outlined in many studies at the Peterson Institute and other policy organizations. B) Southern Florida. The Peterson Institute for International Economics (PIIE) is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions. PIIE Policy Brief 16-5. Folk culture is transmitted from one location to another primarily through A. Globalization is influenced particularly through traditional political institutions, such as nation-states. Recent US Manufacturing Employment: The Exception that Proves the Rule. The wide-ranging effects of globalization are complex and politically charged. A) Tokyo, New York, and London. 2017. As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more similar.Globalization in HistoryGlobalization has a long history, for example, Ancient Greek culture was spread across much of southwestern Asia, northern Africa, and southern Europe. height: 60px; D) the innovation of a cultural trait. C) Syncretism. The History of an Idea, Misconceptions on the Campaign Trail: US Manufacturing, The Post-American World Economy: Globalization in the Trump Era, Trade has been a global force for less poverty and higher incomes, Nearly All US Trade Deals Were Negotiated, Signed, and Implemented by Republicans, Senator Orrin Hatch Argues Against Auto Tariffs, Americans, Like Many in Other Advanced Economies, Not Convinced of Trades Benefits, Global Value Chains and Development: Investment and Value Added Trade in the Global Economy, Both countries lose economically when trade volumes decline, Costs rise, harming US competitiveness and making it harder for families to afford products, Disrupts global supply chains that domestic businesses, workers, and consumers rely on to hold costs and C) practices. Others point out that people tend to adopt some aspects of other cultures without giving up their own. They are exposed to new ideas, which may influence how they vote. They also say that outsourcing has causedwealthycountries to lose too many jobs. 3. E) folk cultures eat mostly foods that locally available. They are generally held by or owed to firms, banks and other financial institutions, or governments. B) cultural homeland. Many multinational companies with famous brands are now controlled by global enterprises. Initiative on Global Markets. Many companies usedraw materials from distant lands. Which statement about race and ethnicity is true? D) the internet. OECD (Organization for Economic Cooperation and Development). D) values. Many of them also face lower earnings or have dropped out of the workforce. Beijing retaliated with its own tariffs on US goods, escalating into a trade war. C) the spread of an idea from persons of power to other persons. Washington: Peterson Institute for International Economics. 2019. E) all of the above. In fact, some Bollywood movies do much better in the United States or the United Kingdom than they do in India.Clothing styles have also become more uniform as a result of globalization. Washington: Peterson Institute for International Economics. Advertisement Advertisement A) The spread of Spanish language to Latin America. Have students debate globalization. B) folk cultures are spread hierarchically. E) Transculturation. 2018. US Marine Corps C) sports. Named after the Swiss town that began hosting annual meetings of the World Economic Forum in 1971, these Davos insiders share common beliefs about individualism, democracy, and market economics. B) belief systems. C) Snowboarding. And Beijing routinely subsidizes its industries. B) religions do not have any impact on the built landscape. Globalization is the movement and integration of goods and people among different countries. Washington: Peterson Institute for International Economics. Buy American Is Bad for Taxpayers and Worse for Exports. 2020. Negotiated under President Obama, the Trans-Pacific Partnership (TPP) agreement was intended to entice China to improve its practices by allowing the country in on the lucrative deal only if it agreed to new rules, but President Trump withdrew from the deal. Nevertheless, a Peterson Institute study finds 156,250 US manufacturing jobs were lost on net each year between 2001 and 2016 from expanded trade in manufactured goods, which represents less than 1 percent of the workers laid off in a typical year.1 Low-wage workers in certain regions are most affected. Technology reduces borders and barriers . E) the belief that ones own culture is superior to all others. Special thanks to C. Fred Bergsten, Chad P. Bown, Cullen S. Hendrix, Gonzalo Huertas, Gary Clyde Hufbauer, Douglas A. Irwin, Fredrick Toohey, Jeffrey J. Schott, and Eitan Urkowitz for their contributions. Washington: Peterson Institute for International Economics. 2017. Under free trade agreements, countries agree to remove trade barriers. C) has equality between males and females Steel and Aluminum Tariffs. His administration negotiated the US-Mexico-Canada Agreement (USMCA) to replace NAFTA; the agreement entered into force in 2020. Furman, Jason. schools which have a reputation for being bad. US-China phase one tracker: Chinas purchases of US goods. C) rural areas of the South and Midwest. Code of Ethics| And the reality is that the problems people face today go far beyond the effects of globalization. areas? Stokes, Bruce. C) Eastern Ontario-Western Quebec. PIIE Policy Brief 16-15.Washington: Peterson Institute for International Economics. Wandner, Stephen A. Globalization increases global wealth and improves economic development. Washington: Peterson Institute for International Economics. China, India, and Brazil dropped their rates to enter the World Trade Organization (WTO). Lets Talk Development (February 2). Foreign-owned companies that do business in the United States have hired Americans at a faster rate than US private employers between 2007 and 2015. Kirkegaard, Jacob Funk. E) sub-Saharan Africa. Evidence to date is that the cost of tariffs has been borne by importing companies, sometimes resulting in higher prices for consumers. Supporters of globalization say that factory workers in poor countries are making much better wages than they would at other jobs available to them. B) cannot own land. Solving these types of issues, which will inevitably arise and change over time, is best done through negotiation and coordination with trading partnersapplying due processin order to prevent costly trade wars, where more and more barriers end up hurting all sides. E) none of the above. A) the rapid and widespread diffusion of a characteristic throughout the population. B) The spread of English to the British Colonies. place to another. As Donald Trump prepares for his tenure in the White House, he talks of dismantling a whole history of globalized trade that he sees as having had a catastrophic effect on the global economy. Propelled by the efficiency or appeal of wireless communications, electronic commerce, popular culture, and international travel, globalization has been seen as a trend toward homogeneity that will eventually make human experience everywhere essentially the same. These resources will help to teach middle school students more about the global economy and the central role trade plays. View the full answer. Hendrix, Cullen S. 2016. Globalization changes the types of jobs available but has little effect on the overall number of jobs in the ever-changing US labor market. B) the belief that Westerners are superior to African and Asian cultures. Globalization has led to a decrease in xenophobia and a decrease in face-to-face interaction. Trade and Globalization. Washington: Peterson Institute for International Economics. National Geographic Society is a 501 (c)(3) organization. B) New and Miami. Globalization promotes interconnection among diverse national economies. Fairbank Professor of Chinese Society and Professor of Anthropology, Harvard University. A leading explanation for rising US inequality [pdf] is that technology is reducing demand for certain low- and middle-wage workers and increasing demand for high-skilled, higher-paid workers. Through globalization, people may become aware of incidents very quickly. The United States has done the least among advanced economies to mobilize government policies to reduce inequality. In 2009, representatives from 170 countries gathered at a conference in Copenhagen, Denmark, to discuss climate change. Sustainability Policy| d. What is the probability that a bat consumes at least one mosquito in a 30 -second interval? E) None of the above, Examples of non-material aspects of culture include all of the following except The Dispute Settlement Crisis in the World Trade Organization: Causes and Cures. A) quickly changing attributes. US-China Trade War Tariffs: An Up-to-Date Chart. Many people say globalization will help people communicate. C) the spread of an idea from persons of power to other persons. 2016. The greatest areas of job growth now in the United States are in professional and business services, health care and social assistance, and educational services. The global economy is innately tied to trade; it allows countries around the world to obtain any resource they may want, whether or not it is produced on the home front. This is the process by which a less dominant culture adopts some of the traits of a C) Midwest. 2018. E) All of the above. 74) Which statement best describes intuition? D. Globalization contributes to global political, economic, and military dominance of some countries over others. Studies have shown that bats can consume an average of ten mosquitoes per minute (berkshiremuseum.org). Newport, Frank. . A Survey of Experts, Section 301: US investigates allegations of forced technology transfers to China, Will the Liberal Order Survive? Hufbauer, Gary Clyde, and Zhiyao (Lucy) Lu. National Geographic Headquarters Hufbauer, Gary Clyde, and Euijin Jung. This lists the logos of programs or partners of, Yale University: Yale Center for the Study of Globalization, Standard 3: Allocation of Goods and Services, choose and support one side of the debate, Tech Setup: 1 computer per learner, Speakers. Listening to the debates can be confusing. RealTime Economics (March 14). The institutions established include: MORE GOODS AT LOWER PRICES Payosova, Tetyana, Gary Clyde Hufbauer, and Jeffrey J. Schott. C) the spread of an idea from persons of power to other persons. Lu, Zhiyao (Lucy), and Gary Clyde Hufbauer. Due to modern means of communication and transportation, the world is unified. Westernization began with traders, colonizers, and . 2016, or 185 percent of GDP.). Globalization means the integration of the economy into the world's economy. D) urban areas in California. US Army An agent for a residential real estate company in a suburb located outside of Washington, DC, has the business objective of developing more accurate estimates of the monthly rental cost for apartments. Which statement describes the globalization of culture More uniform consumption preferences enhanced communications increased unequal access to resources A hearth is defined as A region from which a phenomenon originates A) Tex-Mex cuisine. Many early European explorers were eager to bring theChristian religion to the regions they visited. A) art. of the cause. Text on this page is printable and can be used according to our Terms of Service. Popular Culture is characterized by all of the following except A) A race often has a single homeland, an ethnicity is usually scattered across the world. C) London, Paris, and Los Angeles. For more information, see Increased Trade: A Key to Improving Productivity. People and organizations invest in companies all over the globe. A culture learns or adopts a new idea or practice from another culture or cultures. Which of the following statements best describes the dialectics of globalization? A Prescription to Relieve Worker Anxiety. Autor, David H., David Dorn, and Gordon H. Hanson. A culture keeps its own cultural ideas from other cultures. Better-paying positions have opened up in manufactured exportsespecially in high-tech areas, such as computers, chemicals, and transportation equipmentand other high-skill work, notably in business services, such as finance and real estate (see Jobs section). Globalization - a phenomenon that has defined the world's economy in recent decades - is under pressure. more dominant culture. Christopher Columbus first brought chilies to Europe in 1493, and from there they spread across Asia. Other advanced economies have generally increased the size of government programs as they National and regionalcostumes have become rarer as globalization has increased. Globalization only connects people in developed countries. Culture is spread by C) Hierarchical diffusion. Globalization puts pressure on nations to reduce tariffs, subsidies and other barriers to free trade.