According to Author Thomas Friedman, Which of the Following Is

question 54

Multiple Choice

According to author Thomas Friedman, which of the following is true of the flat world?

• A) Ten percent of activity is conducted globally, and the remaining ninety percent is conducted domestically.
• B) The few cities that dominate international financial markets-Frankfurt, Hong Kong, London, New York, Singapore-represent the peak of global integration.
• C) Most of the world's cities are much more connected at the local level than they are to any other domestic city, and more connected domestically than to any foreign city.
• D) Individuals in poor countries with limited infrastructure are able to compete with people in rich, well-developed countries.

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Definitions:

Invoiced

The process of sending a bill to customers or clients for goods or services provided.

Tutoring

The act of providing guidance or instruction to students or learners in a particular subject.

Net Book Value

The value of an asset as recorded on the balance sheet, calculated by subtracting accumulated depreciation or amortization from the asset's original cost.

Depreciation Expense

Distributing the expense of a physical asset over its life expectancy.