Reference no: EM132990466

Problem 1: The second wave of globalisation is distinct from the first in all of the following respects except:

Select one:

a. the second wave has been characterised by liberalisation of trade policies.

b. value is now added to a single product in several different countries before it reaches its final destination.

c. nearly one-third of all trade is now conducted by multi-national enterprises.

d. the opening of capital markets has occurred on a much larger scale in the second wave.

e. the second wave has been less influenced by immigration than the first wave.

Problem 2: In general Globalisation has resulted in

Select one:

a. increased global inequality.

b. increased inequality in poorer nations.

c. increased inequality in richer nations.

d. decreased inequality in richer nations.

e. no impact on inequality.