The Increasing Integration of Economies Around the World,particularly Through Trade

question 47

Multiple Choice

The increasing integration of economies around the world,particularly through trade and financial flows,is:

• A)outsourcing
• B)macroeconomics
• C)globalization
• D)autarky

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Definitions:

Joint Control

The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control.

Manage Risks

The process of identifying, assessing, and controlling threats to an organization's capital and earnings.

Capital Contribution

Any addition of capital to a company either in cash or in kind by its owners or shareholders to increase its base capital.

Voting Rights

The rights of shareholders to vote on key company decisions, often exercised during annual general meetings or via proxy voting.