The Advantage of Globalisation Is That It

question 48

Multiple Choice

The advantage of globalisation is that it:

• A) increases average incomes around the world.
• B) raises income in developing countries.
• C) leads to the exploitation of workers.
• D) A and B.

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Definitions:

Cash Payout

The distribution of funds or payments, often from a corporation or investment, to shareholders or investors.

Beginning Inventory

Beginning inventory refers to the value of goods available for sale or use at the start of an accounting period.

September

September is the ninth month of the year in the Gregorian calendar, marking the transition from summer to autumn in the Northern Hemisphere.

Total Cost

The aggregate amount of money spent on or required for goods or services, including direct and indirect costs.