Choudry (2007) Critiqued the Anti-Globalization Movement, Whereby People Based in Europe

question 20

Multiple Choice

Choudry (2007) critiqued the anti-globalization movement, whereby people based in Europe, North America and Australia supported the campaigns and causes of people in the Global South, specifically because the people involved:

• A) failed to change related consumer habits (e.g. buying fair-trade) when back 'home'
• B) did little to raise awareness of the issue in a global sense through their efforts
• C) were often hesitant to support the claims of Indigenous peoples experiencing inequalities in their own countries
• D) overlooked inequitable power relations in the nations they studied

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Definitions:

Average Collection Period

The average number of days it takes for a business to collect its accounts receivable.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Sales on Account

Transactions in which revenue is accounted for at the time of sale, but payment is deferred to a later date.

Operating Cycle

The period between the acquisition of inventory and the collection of cash from receivables, indicating the efficiency of a company's operations.