The Globalization of Finance ________

question 10

Multiple Choice

The globalization of finance ________.

• A) enables companies to minimize offshoring
• B) contributes to firms' abilities to develop and operate world-scale production and marketing
• C) discourages innovation
• D) discourages free international exchange of goods and services

---

Definitions:

Final Product

A good or service that is consumed by the end-user and does not require any further processing.

Marginal Revenue Product Schedule

A chart that shows the additional revenue generated from employing one more unit of a resource.

Marginal Physical Product

The additional output resulting from the use of one more unit of a variable input, keeping all other inputs constant.

Crude Oil

Unprocessed petroleum, a natural fossil fuel consisting primarily of hydrocarbons.