Why Is Globalization Seen as Dysfunctional and Unethical

question 71

Multiple Choice

Why is globalization seen as dysfunctional and unethical?

• A) When it responds to SGOs
• B) Because the benefits of globalization go to a small group of super-billionaires
• C) Because it has become ethical
• D) Because it pretends to tax billionaires
• E) It is not dysfunctional at all

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Definitions:

Hurricane

A powerful tropical cyclone with heavy rain and winds exceeding 74 miles per hour, typically in the Atlantic Ocean region.

Expected Utility

The anticipated satisfaction or benefit derived from a risky decision or choice, calculated by considering all possible outcomes.

Marginal Utility

Marginal utility is the additional satisfaction or utility gained from consuming one more unit of a good or service.

Risk Preferences

The degree of variability in outcomes that an individual or entity is willing to accept in pursuit of a goal, often associated with investments.