Which Statement Accurately Characterizes Global Value Chains

question 15

Multiple Choice

Which statement accurately characterizes Global Value Chains?

• A) They are governed by the Multilateral Agreement on Investment.
• B) They encompass all the tasks that companies and workers perform to bring a product from conception to final use.
• C) Firms in the GVCs seek to move from design and marketing activities to labor-intensive manufacturing.
• D) All of the above.

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Definitions:

Stephen Jay Gould

An influential American paleontologist, evolutionary biologist, and historian of science known for his contributions to evolutionary theory and his ability to convey complex scientific ideas to the public.

Political Retrenchment

The process of reducing or cutting back on political engagement or government policies, often in response to economic pressures or ideological shifts.

Racial Domination

The systemic imposition of racial hierarchies, privileging certain racial groups over others, often enforced through social, economic, and political means.

Organizing Force

A catalyst or influence that mobilizes people or resources towards a common goal or shared purpose.