Globalisation

1. Which country has now become the world's leading exporter of IT services?
5. The advances in information technology and the Internet have enabled the growth of what in services?
6. creates winners and losers?
7. imposes costs on some sections of the community but also leads to net gains?
8. of international borders to the flow of trade, investment, immigration, information and technology is known as
12. At what importance is the growth in foreign direct investment? (Hint: The trade in goods and services is of FIRST importance)
13. What is the largest category of global trade?
15. Goods/ What trade has the bulk of world trade?- Up to 80% of total trades
16. What is a common measure used to see a country's trade?

1. is globalisation also known as?
2. What was the period called when globalisation went underground?
3. Index/ What is used to calculate the average of the following three ratios: foreign assets to total assests, foreign sales to total sales and foreign direct investment
4. States/ Which country is the world's largest importer?
9. What has been the 'engine of globalisation?
10. has trade been a pathway to achieving rapid economic growth?
11. Rate/ What is the name of the movement of the Austrailian Dollar called?
14. country has seen a dramatic increase in trade intensity-By a factor of 12