Which of the Following Is NOT a Reason Why the World

question 73

Multiple Choice

Which of the following is NOT a reason why the world economy is globalizing at an accelerated pace?

• A) Countries previously closed to foreign companies have opened their markets.
• B) Countries that previously had planned economies now embrace mixed or market economies.
• C) Information technology is shrinking the importance of geographic distance.
• D) Growth-minded companies are racing to build stronger competitive positions in the markets of more countries.
• E) Countries opposed to market or mixed economies have stringent trade barriers in place.

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Definitions:

Outcomes

The results or consequences that follow from specific actions, processes, or decisions.

Impersonal

Lacking personal emotion, attachment, or reference to specific individuals.

Controllable Behavior

Actions or responses that individuals can manage or alter through personal choice or intervention.

Verifying Understanding

The process of ensuring that information has been accurately received and comprehended by all parties involved in a communication.