Which of the Following Is a Good Indicator of Economic

question 24

Multiple Choice

Which of the following is a good indicator of economic globalization?

• A) an increase in the ratio of world trade to world economic output
• B) an increase in the ratio of cross-border capital flows to world economic output
• C) an increase in the flow of people across international borders
• D) all of these

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Definitions:

Sherman Act

A foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition.

Civil Litigation

The process of resolving disputes between individuals or entities through the court system, involving non-criminal matters.

Antitrust Complaints

Allegations made against entities suspected of engaging in anti-competitive practices that violate antitrust laws designed to promote fair competition.

International Business

Commercial activities that occur across national borders, including trade, investment, and operational activities.