Which of the Following Refers to the Increased Flow of Goods

question 109

Multiple Choice

Which of the following refers to the increased flow of goods, services, people, technology, capital, information, and ideas around the world?

• A)Globalization
• B)Power distance
• C)Strategic alliance
• D)Trading bloc
• E)Cultural imperialism

---

Definitions:

Limits To Arbitrage

Restrictions or impediments that prevent traders from taking advantage of discrepancies in prices between or within markets to make risk-free profits.

Representativeness Heuristic

The reliance on stereotypes, analogies, or limited samples to form opinions about an entire class.

House Money

A term from Behavioral Finance referring to the tendency of individuals to take greater risks when trading with profits from prior trades, viewing it as "play money."

Arbitrage Reaction

The immediate activity performed by arbitrageurs to exploit price differences between markets or securities for profit.