Globalization Is Becoming More of a Worldwide Phenomenon Because

question 71

Multiple Choice

Globalization is becoming more of a worldwide phenomenon because

• A) more countries want to become self-sufficient.
• B) less-developed countries are increasing their trade restrictions.
• C) technological advancements are decreasing transportation costs.
• D) trade hurts workers in poor countries.

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Lump-sum Payment

A one-time payment for the total amount owed, as opposed to payments divided into installments.

Performance Targets

Specific goals set by organizations or individuals aiming to achieve a defined level of performance over a given period.

Canada Pension Plan

A federal social insurance program in Canada providing retirement, disability, and survivor benefits to eligible individuals.

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Non-wage compensations provided to employees in addition to their normal salaries or wages, such as health insurance, pensions, and vacation.