Which of the Following Is a Basic Criticism of Global

question 4

Multiple Choice

Which of the following is a basic criticism of global financial institutions?

• A) They failed to focus on the aim of reducing inequalities between the rich and the poor countries.
• B) They failed to help the Asian countries substantially when they underwent a major financial crisis in the 1990s.
• C) They failed to respect the autonomy of member nations by deeming any bilateral agreements between members as illegal if made without their approval.
• D) They failed to foresee and counter the unintended effects of globalization like pollution, exploitation, and cultural extinction.
• E) They failed to suppress the terrorists who were responsible for the attack in London that coincided with the G8 summit.

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Definitions:

Large-Scale Event

An event, often involving extensive planning and coordination, that attracts a large number of participants or attendees.

Disrupts Routines

Refers to events, technologies, or actions that significantly alter or interrupt established processes or habits.

Social Goals

Objectives that aim to improve society and the welfare of its citizens, focusing on issues such as equality, education, and environmental sustainability.

Dormant Stage

A period during which an organism, seed, or entity is metabolically inactive or not showing visible growth, awaiting favorable conditions for activity.