Globalization Is Characterized by ________

question 16

Multiple Choice

Globalization is characterized by ________.

• A) the demise of democracy within a nation
• B) national boundaries becoming less relevant
• C) the fortification of trade barriers
• D) rigid foreign relations policies

---

Definitions:

Bottled Water

Packaged drinking water sold in plastic or glass bottles, and possibly treated or mineral-enriched for commercial sale.

Nash Equilibrium

A concept in game theory where no player can benefit by unilaterally changing their strategy if the strategies of the other players remain unchanged.

High Price

A level of cost that is above average or expected, often indicating scarcity or premium quality.

Low Price

A cost for goods or services that is relatively minimal compared to other options available in the market.