A Concern Voiced by Critics of Globalization Is That Today's

question 28

Multiple Choice

A concern voiced by critics of globalization is that today's increasingly interdependent global economy shifts economic power toward:

• A) supranational organizations such as the World Trade Organization.
• B) the communist states of eastern Europe and central Asia.
• C) the medium-size and small U.S. multinationals
• D) the national governments of the countries participating in globalization.
• E) nations that have authoritarian form of government.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the market.

Signed Memo

A written document that has been signed by the author or parties involved, often serving as a record or agreement.

Revocation

The act of withdrawing, cancelling, or reversing a decision, offer, or statement.

Manufacturer

A manufacturer is a person or company that makes goods for sale, often involving the use of raw materials, machinery, and labor to produce finished products.