One Concern of Globalization Opponents Is That It Undermines the Influence

question 82

True/False

One concern of globalization opponents is that it undermines the influence of international organizations and promotes the sovereignty of individual nation-states.

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Definitions:

Mental Accounting

A concept in behavioral economics that refers to the different values people place on money, based on subjective criteria, affecting economic decision-making.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses, often leading to statistical errors.

Affect Heuristic

A mental shortcut used in decision making and judgement that involves relying on emotions and feelings.