Which of the Following Are NOT Factors That Have Made

question 6

Multiple Choice

Which of the following are NOT factors that have made the trend toward globalization mandatory for many businesses?

• A) Lower trade barriers
• B) Demand for high-quality,low-cost products
• C) Increased volatility of exchange rates for foreign currency
• D) Increased development costs
• E) Improvements in transportation and communications.

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Definitions:

Carriers' Liens

Legal claims that allow carriers (e.g., transportation or shipping companies) to retain possession of goods until the transportation charges are paid by the consignor or consignee.

Right of Redemption

The legal right of a debtor, particularly a mortgagor, to reclaim their property by paying the debt, usually after a foreclosure.

Foreclosure Sale

A legal process by which a lender sells or repossesses a property after the owner fails to comply with an agreement in the mortgage contract.

Interest

A fee paid for the use of borrowed money, typically a percentage of the amount borrowed.