What Factor Played an Important Role in Speeding Up Globalization

question 31

Multiple Choice

What factor played an important role in speeding up globalization?

• A)increased government-enforced import tariffs that protected the domestic economy
• B)export restrictions which ensured that the people of a country had access to their own products
• C)declining barriers to trade and investment that eased the flow of capital throughout the world
• D)rejection of the free-trade doctrine, which increased global outsourcing
• E)fortification of trade and investment barriers between each country

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Definitions:

Days' Sales

A financial metric that estimates a company's average collection period for receivables, often expressed in days.

Solvency

The ability of a company to meet its long-term debts and financial obligations.

Average Inventory

The mean value of inventory a business has over a certain period of time, calculated to assess inventory turnover and management efficiency.

Beginning Inventory

The value of a company's inventory at the start of an accounting period before any purchases or sales have been made.