The "Globalization of Finance" in Relatively Recent Years

question 21

Multiple Choice

The "globalization of finance" in relatively recent years

• A) is an entirely new phenomenon in the world economy.
• B) is not an entirely new phenomenon because a similar expansion of financial flows Occurred in the world economy in the 1930s.
• C) is not an entirely new phenomenon because a similar expansion of financial flows Occurred in the world economy in the 1870-1914 period.
• D) has been primarily associated with the flow of foreign direct investment across Country borders rather than with growth in financial flows such as international Bank lending.

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Definitions:

Career-planning Systems

Structured programs and tools that help individuals develop and manage their career paths according to their strengths, interests, and market demand.

Forced-Distribution Method

A performance evaluation technique where employees are ranked in accordance with a predetermined distribution curve, forcing managers to identify top and bottom performers.

Disengagement Stage

The phase in a person's career, usually towards the end, where they gradually begin to withdraw from their work-related roles and responsibilities.

Establishment Stage

A phase in an individual's career where they seek to make a mark in their chosen field through steady employment and professional growth.