TRUE OR FALSE. Write TRUE if the statement is TRUE. Write FALSE if the statement is FALSE. And if FALSE is your answer, supply the correct word or term.

1. Lower cost of products allows companies to find lower cost ways to produce their products.
2. The spread of technology and innovation stimulates the spread of knowledge and technology.
3. Globalization decreases global competition.
4. The internet is a major contribution to globalization.
5. Global economic trend provides higher goods for consumers.
6. Political globalization refers to the sharing of ideas and information between and through different countries.
7. Economic globalization refers to the interconnectedness of economies through different countries.
8. The gap between rich and poor is one of the examples of ecological globalization.
9. Globalization increases unemployment.
10. Globalization promotes peace.
11. One of the disadvantages of globalization is it has unequal economic growth.​