Dustin Is a Lecturer at a Community College in Memphis

question 19

Multiple Choice

Dustin is a lecturer at a community college in Memphis. He believes that the globalization of markets has brought the world closer. He asserts that globalization has enabled free access to markets with less barriers to competition and uniform implementation of trade laws. Dustin's beliefs are consistent with the theory of the _____ put forth by the author Thomas Friedman.

• A) flat world
• B) round world
• C) spiky world
• D) divided world

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Definitions:

Express Warranty

A written or spoken promise from a seller to a buyer about the quality or condition of a product, offering assurance that it meets certain standards.

Market Figures

Statistical data related to the financial markets, including prices, volumes, and interest rates.

Product Specifications

Detailed descriptions of a product’s characteristics, functions, or features.

Breach Of Warranty

The violation of a promise about a product's condition, quality, or performance.