Supporters of Globalization Insist That Dislocation in the Form of Lost

question 124

Multiple Choice

Supporters of globalization insist that dislocation in the form of lost jobs is a trade-off that will ultimately lead to the economy being better off.What is being they justified in this case?

• A)Protectionism
• B)Free trade
• C)Tax control
• D)Economic sanctions

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Definitions:

Maturity Bond

A bond's maturity is the specific future date when the principal amount of the bond is to be paid back to the bondholder, along with any final interest payments.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Annual Coupon Bond

A bond that pays interest to the holder on an annual basis, typically as a fixed percentage of its face value.

Face Value

The original cost of a financial instrument as stated on the certificate or document, not influenced by the market price.