Openness and Change in the Economic Models of India and China

question 55

Multiple Choice

Openness and change in the economic models of India and China have meant for the world economy all of the following EXCEPT

• A)hundreds of millions of people have escaped poverty.
• B)many manufactured goods and services have become cheaper.
• C)forced some firms to downsize, offshore or otherwise change business practices.
• D)increased the market power of firms in industrialized countries as they gained most from this evolving trade.

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Definitions:

Edward Snowden

A former National Security Agency contractor who leaked classified information in 2013 about global surveillance programs run by the US and other governments.

NSA

The National Security Agency, a U.S. government entity responsible for global monitoring, collection, and processing of information and data for foreign and domestic intelligence and counterintelligence purposes.

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Campus Speech Codes

Regulations adopted by some colleges and universities in the United States aimed at restricting speech considered offensive or hateful, often sparking debates over free speech rights and academic freedom.