Which of the Following Best Captures Public Perception of Globalization

question 97

Multiple Choice

Which of the following best captures public perception of globalization in the North and South?

• A) Citizens in the North are skeptical while citizens in the South are pleased: many in the North believe their prosperity to be threatened by movement of jobs; many in the South believe globalization is helping to grow their economies.
• B) Citizens in the North are pleased while citizens in the South are skeptical: many in the North believe their prosperity is due to their advantageous trading arrangements with the South; many in the South believe globalization benefits the North at the South's expense.
• C) Citizens in both the North and South are pleased: many in the North believe their prosperity is due to their advantageous trading arrangements with the South; many in the South believe globalization is helping to grow their economies.
• D) Citizens in both the North and South are skeptical: many in the North believe their prosperity to be threatened by movement of jobs; many in the South believe globalization benefits the North at the South's expense.

---

Definitions:

Equities

Equities represent ownership interest in corporations in the form of common or preferred stock, and they entitle the holder to a share of the company's profits through dividends.

Investment Portfolios

A collection of financial investments like stocks, bonds, commodities, and cash held by individuals, financial institutions, or organizations.

Risk Averse

A behavioral characteristic of individuals who prefer avoiding losses over acquiring equivalent gains; a preference for certainty over gamble.

Initial Public Offering

The process through which a private company goes public by offering its stocks to the public for the first time.