Which of the Following Is an Economic Benefit of Global

question 41

Multiple Choice

Which of the following is an economic benefit of global economic integration?

• A) It limits investment opportunities and reduces risks.
• B) It allows nations to lower trade barriers for specific trade partners.
• C) It allows for disputes to be handled constructively.
• D) It builds confidence in a multilateral trading system.

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Definitions:

Health Care

The organized provision of medical services to individuals or communities, including prevention, diagnosis, treatment, and management of illnesses, diseases, and other physical and mental impairments.

Progressive Reform

A series of political and social reforms in the late 19th and early 20th centuries aimed at addressing issues of corruption, inefficiency, and social injustice within American society.

New Middle Class

A socio-economic group that emerged, characterized by increased educational opportunities, higher incomes, and an enhanced standard of living, often in the context of industrializing societies.

Ethnic Minorities

Groups of people who differ in race, religion, or culture from the majority population in the society in which they live.