Globalization

question 104

Multiple Choice

Globalization

• A) had little to do with the collapse of communism.
• B) was symbolized by corporations such as Microsoft and organizations like the WTO.
• C) is closely associated with the 1970s, although it was not a new phenomenon.
• D) opposed the free flow of goods and services across borders.
• E) involved a strict regulatory apparatus for the control of global trade.

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Definitions:

Freedom

The ability or authority to behave, communicate, or think freely without any limitations or controls.

Cost

The value of what is given up in exchange for something; often associated with financial expenditures but can also include time and effort.

Cohabitation

The state of living together and sharing a domestic life without being married.

United States

A country located primarily in North America, consisting of 50 states and a federal district.