Which of the Following Is Characteristic of Globalization of Markets

question 86

Multiple Choice

Which of the following is characteristic of globalization of markets?

• A) lack of skilled labor
• B) conservatism
• C) declining trade barriers
• D) diminishing gap between the rich and the poor

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Definitions:

Civil Disobedience

The active, professed refusal to obey certain laws, demands, or commands of a government or occupying power, without resorting to physical violence.

Capacity

The maximum amount that something can contain or produce.

Warfare

Organized and often prolonged conflict that is carried out by states or non-state actors.

Formally Binding Agreement

A contract or agreement recognized by law, which obligates involved parties to fulfill specified conditions and may involve penalties for non-compliance.