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International trade constantly increased throughout the twentieth century.

A) True
B) False

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India is one of the countries that did not participate in the process of globalization.

A) True
B) False

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The Asian tigers have experienced rapid economic growth in recent times.Hence, these countries are sometimes referred to as:


A) first-world countries.
B) newly industrialized countries.
C) the globalization limelight.
D) second-world countries.
E) the G-8 nations.

F) A) and C)
G) C) and D)

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It has been proved empirically that globalization increases economic growth without increasing income inequality within nations.

A) True
B) False

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