1) Globalization's positive aspects. a) Economic Growth, Cultural Exchange. b) Cultural Homogenization, Environmental Changes. 2) Largest banks Ecuador is closely linked to? a) Citi Bank, JPMorgan Chase. b) Bank of China, HSBC Holdings. c) HSBC Holdings, Bank of America. d) Citi Bank, Bank of America. 3) Globalization's negative aspects. a) Potential job opportunities, Outsourcing. b) Economic Inequality, Exploitation of workers. 4) Ecuador has experienced an increase in... a) Emigration both to and from the country. b) Migration both to and from the country. 5) What are FTAs (Free Trade Agreements)? a) FTAs only focus on promoting self-sufficiency within individual countries, discouraging international trade. b) Free trade agreements are international agreements that increase barriers to trade and limit the flow of goods and services between countries. c) Deals between countries to make it easier and cheaper to trade goods or services. d) None of the above

Ecuador and Globalization

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