In Terms of Cultural Globalization,the Affluent Countries of the Global

question 22

Multiple Choice

In terms of cultural globalization,the affluent countries of the global North - mainly North American and Western Europe - are being transformed most visibly by:

• A)the media
• B)immigration
• C)political changes
• D)the economy

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Definitions:

Drawer

In the context of banking and checks, the individual or entity that writes and signs a check, directing a bank to pay the stated amount.

Drawee

The entity, often a bank, on which a check or draft is drawn and is responsible for paying the amount specified.

Depositary Bank

A financial institution that holds and manages the securities of a depositor, facilitating the exchange of securities and related transactions.

Payor Bank

A bank that is responsible for paying a check or draft on behalf of its client.