Globalisation Explains the Increasing Similarity of Markets Around the World

question 54

True/False

Globalisation explains the increasing similarity of markets around the world.

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Definitions:

Checks and Balances

Checks and balances is a system in which the different branches of government have powers that can influence and limit the powers of the other branches to prevent any single branch from becoming too powerful.

Federal Judge

A judge appointed by the president of the United States and confirmed by the U.S. Senate, who adjudicates cases within the federal court system.

Congress

The national legislative body of the United States, consisting of the Senate and the House of Representatives, responsible for making federal laws.

Artificial Persons

Legal entities that are not natural persons (human beings) but are treated by law as if they were individuals, such as corporations or government bodies.