EduNinjaEdexcel IGCSE Economics 2.2.1 Globalisation question practice helps you revise this syllabus point with the course map in view. Use this page to focus on one topic, check the style of questions available, and connect each attempt back to the knowledge area it is testing.
EduNinja keeps Economics practice aligned to Edexcel, so you can move from topic review into exam-style question bank work without losing the syllabus structure. Start with a small set, mark the weak steps, then return to nearby topic links when a definition, graph, calculation, or explanation needs repair.
Introduced in 1935, Inca Kola is a yellow-gold coloured, fizzy, soft drink that is popular all over Peru. By 1995, Inca Kola had grown to become a strong competitor
of Coca-Cola. Inca Kola had a 32.9\% market share compared to Coca-Cola's 32.0\% in Peru.
By 2014, Coca-Cola owned 48.5\% of Inca Kola shares.
With reference to the data above and your knowledge of economics, analyse the possible reasons for Coca-Cola purchasing shares in Inca Kola.
The increased integration and interdependence of economies is known as
privatisation
specialisation
protectionism
globalisation
What is meant by the term multinational corporation (MNC)?
With reference to the data above and your knowledge of economics, analyse the benefits of FDI for a country such as Ireland.
Tertiary sector employment has increased by 13.1% in China during the last 10 years. However, there have been few changes in the level of employment in the secondary sector.
Explain one possible reason for this trend.
A firm is described as a multinational corporation (MNC) if it
has shareholders in many countries
exports goods to other countries
is owned by the government
operates in more than one country
Which one of the following is a disadvantage of multinational corporations (MNCs) operating in a country?
Developing capital
Investing in infrastructure
Creating jobs
Environmental damage
Which one of the following is an advantage of multinational corporations (MNCs) operating in a country?
Avoiding paying taxes
Environmental damage
Developing skills
Moving profits abroad
Describe the impact of a reduction in the cost of communication on globalisation.
Which one of the following is the most likely reason for increased globalisation?
Higher number of tariffs and quotas
Lower transportation costs
Reduced significance of multinational corporations
Increased communication costs