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:

Descriptive Statistics

Statistical methods that summarize and organize the characteristics of a set of data.

Experimental Research

A research method involving the manipulation of variables to establish cause-and-effect relationships.

Cause and Effect

The principle that actions or events lead to a certain consequence or outcome, wherein the cause is why something happens, and the effect is what happens.

Arithmetic Mean

The sum of a set of numerical values divided by the number of values in the set, commonly known as the average.