Which of the Following Has Enabled Globalization of Markets

question 72

Multiple Choice

Which of the following has enabled globalization of markets?

• A) Differentiation amongst national markets
• B) Falling barriers to cross border trade
• C) Reduced homogeneity of material culture across the world
• D) Increased government ownership of factors of production

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Definitions:

Ratio

A mathematical relationship that compares two numbers or quantities, indicating how many times one value contains or is contained by the other.

Frequencies

The number of times an event occurs within a specified period, often used in the context of waves or signals.

Categorical Statistics

A branch of statistics that deals with variables that can be categorized into distinct groups and analyzes the frequency and distribution of these categories.

Class Relations

The ways in which classes (or sets) relate to each other, including inclusion, exclusion, and intersection relationships.