What Do Most Scholars Agree Is the Most Significant Component

question 16

Multiple Choice

What do most scholars agree is the most significant component of globalization?

• A) climate change
• B) political transition around the planet
• C) international terrorism
• D) cultural hybridization
• E) economic reorganization of the world

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Definitions:

World Trade Organization

An international organization designed to supervise and liberalize world trade, acting as a forum for negotiating trade agreements and a place for resolving trade disputes.

Domestic Employment

Jobs or positions of employment within a country's own borders, as opposed to international or overseas employment.

Imported Good

A product or commodity brought into one country from another for sale.

Diversification-for-Stability

A strategy aiming to reduce risk by allocating investments among various financial instruments, industries, or other categories.