The World Economy Has Changed Profoundly Since the End of the World

question 4

Multiple Choice

The world economy has changed profoundly since the end of the World War II.Perhaps the most fundamental changes that took place include all of the following except:

• A)global competitors have steadily displaced local competitors.
• B)the integration of the world economy has increased significantly.
• C)economic integration is particularly striking in the European Union.
• D)protectionism and nationalism have rapidly increased economic integration.
• E)integration of the world economy is visible in NAFTA (North American Free Trade Agreement).

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Definitions:

General Adaptation Syndrome

A model outlining how stress impacts the body, initially activating the fight-or-flight response followed by adaptation if exposure is prolonged, and ultimately, potential exhaustion or disease.

Exhaustion Stage

The final stage of the general adaptation syndrome, where the body’s resources are depleted leading to decreased resistance to stress and potential health issues.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that describes the physiological changes the body goes through when under stress.

Selye

Hans Selye, a scientist known for his research on the effects of stress on the human body, defining the General Adaptation Syndrome.