Which Statement Best Describes the Middle Position with Respect to Globalization

question 72

Multiple Choice

Which statement best describes the middle position with respect to globalization?

• A)globalization is inevitable but can be managed to reduce inequities
• B)management of globalization is impossible and should therefore proceed unchecked
• C)globalization seeks to ensure an absolute equality among all global nations
• D)globalization can be stopped by protective trade tariffs to protect national industries
• E)globalization needs for powerful international institutions such as the World Bank to be eliminated so as to level the playing field

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Definitions:

Oral Negotiable

A verbal agreement that is intended to be binding but may lack the formal requirements of a written contract, particularly in the context of negotiable instruments.

Maker Or Drawer

The individual or entity that creates or signs a promissory note, check, or draft, promising to pay a certain sum.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States intended to harmonize laws across the states.

Quantity Element

An aspect of some agreements emphasizing the specific amount or volume of goods to be provided or actions to be carried out.