Some Writers Believe That the Greatest Problem with Global Governance

question 55

Multiple Choice

Some writers believe that the greatest problem with global governance is that

• A) people will gain with global governance.
• B) the nonstate institutions are not accountable for their actions.
• C) capital flows are often retrograde.
• D) the nonstate institutions are often no more than what Chairman Mao once called "paper tigers."

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Definitions:

Setbacks

Unforeseen events or challenges that slow progress or cause plans to be revised.

Equity Financing

Raising capital through the sale of shares in a company, thus providing investors with part ownership in exchange for funds.

Entrepreneur

An individual who identifies a business opportunity and organizes, operates, and assumes the risk for a business venture, with the aim of making a profit.

Little Money

A term indicating a small amount of financial resources or capital.