Which of the Following Is a Good Indicator of Political

question 53

Multiple Choice

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

• A) growth in the number of IGOs and INGOs
• B) increased democratization in the Third World
• C) an increase in the number of sovereign states in the world
• D) all of these

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Definitions:

Potential Competitors

Businesses not currently in the market but have the potential to enter and compete.

Market Entry

The strategy or means by which a company enters a new market to sell its products or services.

Economic Profit

The gap between an organization's overall income and all its expenditures, encompassing overt and hidden costs.

Maximum Earning

The highest income that an individual or entity can generate under specific conditions or within a given period.