Globalization Is an Ongoing Process Because

question 42

Multiple Choice

Globalization is an ongoing process because:

• A)government will continue to fail to implement policies that address the structural adjustments necessary to make U.S.firms more competitive.
• B)foreign countries, especially China and India, are moving up the value added chain and will compete with more and more goods.
• C)the globalized AS/AD model will replace the standard AS/AD model, forever changing how economists view the economy.
• D)goods inflation has been solved as a problem for the economy, allowing the government to continue to run expansionary policies.

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Definitions:

Marketing Metrics

Quantitative measures used by marketers to evaluate, compare, and track the effectiveness or performance of marketing strategies, campaigns, or activities.

Premise Control

A security or management concept ensuring that the base assumptions underlying strategies or plans remain valid over time and are monitored for changes.

Fixed-Charge Obligations

Financial commitments that a company must pay on a regular basis, such as loans, leases, and other fixed expenditures, irrespective of its business performance.

Interest Payments

Payments made to lenders as compensation for borrowing money, usually calculated as a percentage of the principal amount.