Hufbauer, Gary Clyde, and Zhiyao (Lucy) Lu. In general, younger people are more supportive of free trade, as most have never known a world without the current system. B) Hispanics in the Southwest. Edited by Madona Devasahayam, Helen Hillebrand, and Steven R. Weisman New York: Macmillan. A) American news organizations, such as CNN. Interview given at the Peterson Institute for International Economics, May 25. 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. Which of the following is an example of hierarchical diffusion? A) the area served by a Walmart. B) migrants. On the other hand, during times of unrest, dependence on outsidenations,in a global economy,may seem scary. Washington: Peterson Institute for International Economics. The percent of US jobs in manufacturing has steadily declined since the 1940s, before the rise of China, NAFTA, Washington: Peterson Institute for International Economics. 2011. OECD (Organization for Economic Cooperation and Development). Globalization results in the expansion of international cultural, economic, and political activities. A) Montreal, QC. Lets Talk Development (February 2). They also say that outsourcing has causedwealthycountries to lose too many jobs. financial crisis and the global financial crisis of 200809, especially in other liabilities like bank loans. 12%,$110,000 note. D) cultural exclaves. Videos by Daniel Housch Thefinancial crisisthat began in the United States in 2006 quickly spread around the world. This chart shows how yearly US transactions grew over time as the global economy and financial system became increasingly A) favors females over males Although homogenizing influences do indeed exist, they are far from creating anything akin to a single world culture. Travelers are exposed to new ideas about food, which may change what they buy at the store at home. 2017. Not enough has been done to help those who have lost out from trade competition. The institutions established include: MORE GOODS AT LOWER PRICES Which of the following is an example of a formal cultural region? Hierarchical diffusion is D) Poland. Globalization moves jobs and capital to places that need these resources. Geneva: World Trade Organization. B) trans-national corporations. D) Thai cuisine. Many countries have large international financial flows or investments, consisting of assets and liabilities. E) uniform landscapes. Globalization encourages each country to specialize in what it produces best using the least amount of resources, known as comparative advantage. Imports are goods or services purchased from outside the country. Hufbauer, Gary Clyde, and Zhiyao (Lucy) Lu. b. Have students decide what they think about globalization. Washington. 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. Furman, Jason. The cultural globalization hypothesis argues that a global culture leads to the homogenization of the human experience. Washington: Peterson Institute for International Economics. Washington: Peterson Institute of International Economics. D) It is better than analysis in decision-making. C) Log cabins in Appalachia. D) the area know as the "South". For example, they may stop chargingtariffs, or taxes, on imports. Bergsten, C. Fred. B) grooms gift. Chicago: University of Chicago Press. B) The spread of drive-through windows from fast food restaurants to liquor stores. 2019. Transcribed image text: . Which of the following is an example of relocation diffusion? Introduce globalization. IGM Forum (March 12). In folk societies, materials used for building homes For information on user permissions, please read our Terms of Service. Revenga, Ana, and Anabel Gonzlez. Go to the PBS website to find out where you can get the full DVD. 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. Our editors will review what youve submitted and determine whether to revise the article. 8. Since ancient times, humans have sought distant places to settle, produce, and exchange goods enabled by improvements in technology and transportation. A) Tex-Mex cuisine. B) The spread of English to the British Colonies. This concept makes production more efficient, promotes economic growth, and lowers prices of goods and services, making them more affordable especially for lower-income households. Trade and Investment Policy Watch (November 6). E) ethnic agglomeration. A) Folk cultures perceive the environment as a hostile place. Often, this results in lower costs for consumers, too.Economicmarkets are global. The wide-ranging effects of globalization are complex and politically charged. E) sub-Saharan Africa. The best example of cultural integration (where all elements of society are interwoven, The idea that cultures will modify the natural landscape to fit their needs is known as. William Henry Fox Talbot, Public Domain skills. Consumers must be responsible to a triple bottom line of economic value, social progress, and environmental health. . People often practice their folk customs instead of pop culture because These resources will help to teach middle school students more about the global economy and the central role trade plays. The idea was to create a better world with countries seeking to cooperate with one another to promote prosperity and peace. D) the spread of an idea or trait through the physical movement of people from one Which of the following statements best describes cultural hybridization? c. What is the probability that a bat does not consume any mosquitoes in a 30 -second interval? All the Above : Threats to Folk Culture By Katie Hurst and Eva Winsheimer Loss of Traditional Values Media is a Threat to Traditional Values Pop Culture is the type of culture is in large heterogeneous societies that share certain habits despite diff Explain to students that globalization, in its simplest form, means a more connected world. Ask them to brainstorm what some pros and cons may be, and write them on the board. A) the rapid and widespread diffusion of a characteristic throughout the population. Globalization increases global wealth and improves economic development. Which of the following statements best describes the primary effect of globalization? While every effort has been made to follow citation style rules, there may be some discrepancies. B) Contagious diffusion. C) The spread of AIDS from Africa to Europe. The Rights Holder for media is the person or group credited. In this context, liberal refers to more free or open trade. Material aspects of culture include Bown, Chad P. 2021. Now we look back at its history. Hull, Cordell. E) All of the above. The Trump administration pushed for more power to impose tariffs. A) Hawaii. Westernization | Definition, Overview, & Facts | Britannica Some observers argue that a rudimentary version of world culture is taking shape among certain individuals who share similar values, aspirations, or lifestyles. height: 60px; Today, news and information zips instantly around the world on theinternet. Miles offiber-opticcable now connect the continents, allowing people around the world to communicate instantly through the borderless World Wide Web.CommunicationModerncommunicationhas played a large role in cultural globalization. Christopher Columbus first brought chilies to Europe in 1493, and from there they spread across Asia. trade or other bigger factors. Cultural globalization is the spread of the culture, customs, or ideas of a place or a people to the rest of the world. McDonalds in Japan features a green-tea flavored milkshake. Currently, there is government support through a program called Trade Adjustment 2 See answers Advertisement Below is a list of various protectionist actions and their economic, diplomatic, and national security risks. Globalization results in the expansion of international cultural, economic, and political activities. E) none of the above. B) ethnic enclaves. When waves of cultural groups move into an area and modify the human imprint of C) do not earn the same pay as a man does. Many companies usedraw materials from distant lands. E) All of the above. A) Cultural assimilation. Assistance (TAA), though it only helps workers directly impacted by trade and the amounts paid are limited. A culture keeps its own cultural ideas from other cultures. PIIE Policy Brief 17-23. c. Doing business beyond borders is still extremely rare. Today, foods in Korea and many parts of China are often spicy. People in the United States enjoy listening to South African music and reading Japanese comic books. 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. .ng-c-sponsor-logo { D) the belief that one's own ethnic group is superior to others. Have the two groups debate the issue. 5. 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. E) all of the above. A) A race often has a single homeland, an ethnicity is usually scattered across the world. It entered the World Trade Organization in 2001 and undertook many reforms, cutting tariffs and other trade barriers. In reality, it has been very difficult for many of these workers to transition, with lasting effects on She or he will best know the preferred format. 2017. Lawrence, Robert Z., and Tyler Moran. 2001. The problem is compounded because policymakers have done little to help workers and communities adjust at a time when the wealthiest Americans have gained the most in recent years. PIIE Briefing 18-1. B) housing. The result is a collection of elite groups whose unifying ideals transcend geographical limitations. C) American TV shows. North American Free Trade Agreement (NAFTA), Yale University: Yale Center for the Study of Globalization. C) Midwest. The same is true, by comparison with local averages, of US firms that invest abroad. Moran, Theodore H., and Lindsay Oldenski. Trade and Investment Policy Watch (June 14). E) Tokyo, Paris, and Los Angeles. E) Cultural assimilation. Promotes free trade. Other international issues includeterrorism,drug trafficking, andimmigration.The process of globalization is verycontroversial. In this way, globalization encourages countries around the world to provide typical Western services. A widely cited study [pdf] shows that between 1991 and 2007, lower-wage manufacturing workers within industries that faced import competition experienced large and lasting earnings losses, while higher-wage workers in these industries did not. B) folk cultures are spread hierarchically. E) none of the above. When you reach out to him or her, you will need the page title, URL, and the date you accessed the resource. Based on their research, tell students to select the arguments that they believe are most valid. This activity targets the following skills: The resources are also available at the top of the page. C) New York and Los Angeles. C.Globalization has resulted in fewer connections among countries. 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) all of the above. Globalization increases global wealth and improves economic development. D) the spread of an idea or trait through the physical movement of people from one place Which of the following concepts is part of the mindfulness dimension of intercultural communication competence? to another. B. Globalization has forced changes on Gogol's family that he accepts , but thathis parents resist . Which of the following concepts best describes a product which carry cultural values, and many products that are seen to represent a culture? Weisman, Steven R. 2016. Trade and Investment Policy Watch (August 30). Expanded trade spurs the spread of technology, innovation, and the communication of ideas. Increased Trade: A Key to Improving Productivity. A culture overcomes a threat to its own by strengthening its own cultural image. Trade and Investment Policy Watch (December 2). 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. Originally published October 29, 2018Last updated October 24, 2022. D) Migrant diffusion. Globalization is an inevitable development which cannot be resisted or significantly influenced by human intervention. 2016. Five Reasons Why the Focus on Trade Deficits Is Misleading. Aid agencies can respond more quickly to a natural disaster. Chapter 4/5 questions Flashcards | Quizlet B) influence of a culture decreases the further one travels from the core. B) the spread of an underlying principle or idea. 74) Which statement best describes intuition? One in five American manufacturing workers is now employed by a foreign-owned company operating in the United States. Total US liabilities to foreigners were $34 trillion in Ltd. E) None of the above, Examples of non-material aspects of culture include all of the following except The Post-American World Economy: Globalization in the Trump Era. Indian-born anthropologist Arjun Appadurai has studied English-speaking professionals who trace their origins to South Asia but who live and work elsewhere. PIIE Charts. The second thing is that any form of globalization will generate winners and losers. D) values. A culture learns or adopts a new idea or practice from another culture or cultures. US Trade Agenda Requires Greater Focus on Social Concerns. E) Native Americans. 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. Not surprisingly, polls vary widely depending on how and when the question is posed.