Identify a True Statement Regarding Globalization

question 11

Multiple Choice

Identify a true statement regarding globalization.

• A) Critics of globalization cite the extremely high wage rates paid by some international firms.
• B) Countries with repressed social development are attractive to global firms.
• C) Well-established legal systems offer continuity and consistency for global firms.
• D) One of the major criticisms of globalization is the reduction in economies of scale.

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Definitions:

Cognitive Development

Refers to the progression in how thinking, problem-solving, and understanding evolve from infancy through adulthood.

Cultural Tools

Objects, symbols, strategies, and technical skills that are culturally developed and transmitted, which influence human thought and behavior.

Intellectual Framework

A structured set of concepts and principles that guides thinking, analysis, and understanding in academic or practical situations.

Physical Items

Tangible objects or goods that can be seen, touched, and physically measured.