Which of the Following Is NOT a Consequence of the Reduction

question 15

Multiple Choice

Which of the following is NOT a consequence of the reduction in trade barriers and restrictions on FDI since 1950?

• A) Firms are dispersing parts of their production process to global locations to drive down production costs and increase product quality.
• B) The economies of the world's nation states are becoming more intertwined.
• C) Nations are becoming more independent of each other for important goods and services.
• D) The world has become significantly wealthier since 1950.

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Definitions:

Philosophe

An intellectual of the 18th-century Enlightenment who sought to apply reason to the study of many areas of learning, including philosophy, history, science, politics, economics, and social issues.

Serfdom Patent

A document or decree abolishing or altering the conditions of serfdom, a form of labor widely used in feudal systems where serfs were tied to and worked land owned by lords.

Joseph II

An Austrian Emperor known for his radical reforms, including measures to modernize and centralize the Habsburg Empire during his reign from 1765 to 1790.

Austrian Empire

A Central European multinational great power from 1804 to 1867, formed by the proclamation of the Habsburg emperor Francis II.