Globalization, According to the Text, Contains All of the Following

question 13

Multiple Choice

Globalization, according to the text, contains all of the following components except

• A) international investment has become dominated by a few international businesses
• B) international trade has increased relative to domestic trade
• C) the cost and time for goods to flow across borders has decreased
• D) the world is defined by single markets.

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Definitions:

ERISA

The Employee Retirement Income Security Act, a federal law that sets standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these plans.

Bilateral Amputee

An individual who has lost or is missing both arms or both legs, typically as a result of trauma, disease, or congenital conditions.

Risk-based Insurance

Insurance policies where premiums vary according to the risk level of the policyholder, commonly used in health and auto insurance.

Americans with Disabilities Act

A legal statute designed to prevent discrimination towards people with disabilities in various public sectors.