Exam 3: Globalization, Localism, and Sustainability

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What sets a place (destination) apart from others, and invokes strong feelings in people who live there or travel there as tourists

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Sense of place

Which of the following is a key difference between localism and neolocalism?

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B

Multinational corporations bring much needed capital to many parts of the world.

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True

The policy of protecting domestic industries against foreign competition through the use of quotas, subsidies, and tariffs

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Globalization decreased efficiency, innovation, and competitiveness in a global market.

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Which of the following characterizes the global village?

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Tourism resulting from globalization typically increases diversity.

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Globalization has supported an increase in the quality of life in many developing countries.

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Neolocalism has supported the rise of which industry?

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Free trade has prevented companies from forming monopolies in their local economies.

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Localism provides:

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Globalization has increased which connections between people around the world?

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One of the key components to using tourism as a tool for sustainable development involves the establishment of strategic partnerships between communities and the tourism industry.

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Nongovernmental organizations can assist the government in conducting tourism and environmental awareness programs among communities and the tourism industry at large.

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Sales tax collected in pieces along the production chain

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Twitter is an example of the global village.

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Multinational corporations should be included in a stakeholder analysis because:

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Globalization has increased labor standards.

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Multinational corporations seeking to operate in developing regions are oftentimes viewed with skepticism.

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Economies of scale is when countries specialize in the production and export of the goods which they can produce relatively less expensively than other countries

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