Which of the Following Statements Is True of Globalization

question 23

Multiple Choice

Which of the following statements is true of globalization?

• A) It expands economic freedom and increases the living standards of people.
• B) It increases prices and decreases product and service quality.
• C) It has curbed the growth of the middle class in developing countries.
• D) It leads to a monopoly of domestic producers.

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Definitions:

Siblings

Brothers, sisters, or both, who share at least one common parent.

Pakistani

Relating to Pakistan or its people, a South Asian country known for its diverse cultures, languages, and history of civilization.

First-Cousin Marriages

Marriages between individuals who have one set of grandparents in common, legal in some cultures and regions, while prohibited in others due to concerns about genetic risks.

Britain

An island in the North Atlantic which constitutes the major part of the United Kingdom, encompassing England, Scotland, and Wales.