Thomas Friedman's Description of the World as "Flat" Refers To

question 62

Multiple Choice

Thomas Friedman's description of the world as "flat" refers to:

• A)the flattening of economic and cultural advantages of developed countries.
• B)the use of the Internet and technology for instantaneous communication.
• C)the reduction in travel times and the ubiquity of global exchange and travel.
• D)the growth of globalization.
• E)the increased use of global currencies.

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Definitions:

Conceptual Framework

An underlying structure in various fields that outlines principles and concepts for systematic study or analysis.

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A company whose shares are bought and sold on stock exchanges, allowing investors to own a part of the company.

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Guidelines that dictate how the economic activities of a company are captured in its financial statements.