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When Friedman Describes Globalization 3

question 58

Multiple Choice

When Friedman describes Globalization 3.0,he discusses 10 forces that ________ the world.


Definitions:

Conventional Mortgage

A mortgage that involves no government backing by either insurance or guarantee.

Mortgagor

The party who borrows money and gives a mortgage to the lender or mortgagee as security for the loan.

Collateral

The property that is subject to a security interest.

Assumes Debt

When an individual or entity takes on the legal obligation to pay back a debt originally owed by another party.

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