The Rise in the Amount of Cross-Border Movements of Goods

question 59

Multiple Choice

The rise in the amount of cross-border movements of goods, money, people, and ideas is known as which of the following?

• A)Globalization
• B)International political economy
• C)Comparative advantage
• D)The balance of trade

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Definitions:

Consolidated Financial Statements

Financial statements that show the combined financial results of a parent company and its subsidiaries.

Dividend Income

Earnings received by shareholders from the profits of a company, distributed according to the number of shares owned.

Noncontrolling Interest

A portion of the equity in a subsidiary not attributable, directly or indirectly, to the parent company.

Net Income

The profit of a company after all expenses and taxes have been deducted from revenues.