Which of the Following Has NOT Played a Significant Role

question 79

Multiple Choice

Which of the following has NOT played a significant role in recent developments leading to increased trade and globalization?

• A) lower transportations costs
• B) theory of absolute advantage
• C) integration of world markets
• D) increased communication speed

---

Definitions:

Equal Dignity Rule

A legal doctrine requiring that contracts authorizing someone to act on behalf of another must be in written form if the contract being executed also necessitates a written agreement.

Exceptions

Conditions or clauses in a contract, law, or regulation that allow for deviations from the general rule under specified circumstances.

Right of Recovery

A legal principle allowing parties to seek compensation or restitution following a loss or injury.

Negligently

Performing actions or failing to act with a lack of proper care or concern for the consequences, potentially causing harm or damage.