Which of the Following Has Been Reduced as a Result

question 88

Multiple Choice

Which of the following has been reduced as a result of globalization?

• A)Volume of goods and services
• B)Foreign exchange transactions
• C)Environment and labor laws
• D)Differences in material culture
• E)Regulation of markets

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Definitions:

Loanable Funds Theory

An economic theory that suggests the market interest rate and the quantity of loanable funds are determined by the demand and supply of credit.

Interest Rates

The cost of borrowing money or the return on investments, usually expressed as a percentage.

Present Consumption

refers to the amount of goods and services consumed by individuals or households at the current time, as opposed to saving for future use.

Loanable Funds Curve

A graphical representation of the market for loanable funds, showing the relationship between the real interest rate and the quantity of loanable funds supplied and demanded.