John Grey,a Critic of Thomas Friedman's Notion That the World

question 81

Multiple Choice

John Grey,a critic of Thomas Friedman's notion that the world is flat,argues that:

• A)Friedman downplays the role of race in understanding wealth and poverty.
• B)Friedman does not fully realize the potential of the internet to transform relationships among people.
• C)Friedman overstates the degree to which trade and communication promote peace and stability.
• D)Friedman does not understand the degree to which current conflicts express ancient ethnic hatreds.
• E)Friedman does not understand the degree to which the current world is the result of imperialism and colonialism.

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Definitions:

Letter Of Credit

A written instrument, usually issued by a bank on behalf of a customer or other party, in which the issuer promises to honor drafts or other demands for payment by third parties in accordance with the terms of the instrument.

Contractual Conditions

Stipulated provisions or clauses that define the obligations, rights, and roles of the parties involved in a contract.

Reasonable Hour

A time of day that is considered to be appropriate and ordinary for certain activities or operations, often depending on context and local customs.

Exclusive Remedy

A legal principle that limits the aggrieved party to only one specific form of compensation or resolution in a contract or statutory claim.