Globalization Decreases Global Efficiency by Increasing Global Excess Capacity

question 37

True/False

Globalization decreases global efficiency by increasing global excess capacity

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Definitions:

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often driven by international trade and investment and aided by information technology.

Orientalism

Said’s concept of a discourse of power that creates a false distinction between a superior West and an inferior East.

Discourse

A system of meaning that governs how we think, act, and speak about a particular thing or issue.

Presidential Campaign

A period of political activities by candidates seeking to hold presidential office, involving public appearances, policy proposals, and political advertising to win voters' support.