Challenges And Opportunities Which Globalization Presents To The Nigerian Economy - SS3 Economics Past Questions and Answers - page 1
1
What is a key challenge that globalization presents to the Nigerian economy?
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A
Decreased competition
B
Dependence on exports
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C
Equal distribution of benefits
D
Reduced environmental concerns
2
What is an opportunity that globalization presents to the Nigerian economy?
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A
Increased competition from companies based in other countries
B
Dependence on a single export
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C
Foreign investment
D
Environmental concerns
3
What is a challenge that globalization presents to Nigerian businesses?
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A
Increased access to markets
B
Technological advancements
C
Increased competition from companies based in other countries
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D
Cultural exchange
4
What is an opportunity that globalization presents to Nigerian culture?
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A
Increased inequality within Nigeria
B
Unequal distribution of benefits
C
Environmental concerns
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D
Cultural exchange
5
What is a policy that Nigeria can adopt to maximize the benefits of globalization?
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A
Depend solely on oil exports
B
Ignore technological advancements
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C
Promote sustainable development
D
Reduce access to markets
6
List two examples of challenges that globalization presents to the Nigerian economy.
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7
List two examples of opportunities that globalization presents to Nigerian businesses?
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