The Text Distinguishes Two Seemingly Opposed Dynamics at the Onset

question 24

Multiple Choice

The text distinguishes two seemingly opposed dynamics at the onset of the 21^st century. One of these is globalization. According to the text, what is the other dynamic that is shaping developments in the new century?

• A) Anti-Racism
• B) Ethnicity
• C) Inter-state conflicts
• D) Ethnic communities

---

Definitions:

Coupon Rate

The annual interest rate paid by a bond issuer to its bondholders, expressed as a percentage of the bond's face value.

Inflation Rate

The speed at which prices for products and services ascend, resulting in a decline in how much can be bought.

Market Conversion Value

The value of a convertible security if it is converted into a different form, usually stock, at its current market price.

Conversion Ratio

The number of common shares received upon the conversion of a convertible security, such as a convertible bond or preferred stock.