The Most Spoken Language in the World Is English with 1.8

question 135

Multiple Choice

The most spoken language in the world is English with 1.8 billion speakers, but only 18% are native (by comparison, the next-most spoken language-standard Chinese-has 1.345 billion speakers and 63% are native) . This relatively recent change has followed globalization. How does increased globalization explain why so many people choose to learn the same language as a second language?

• A) Globalization creates an incentive for people to learn other cultures.
• B) Globalization began a standards war of languages; English won.
• C) Globalization made it cheaper to learn new languages thanks to gains from trade.
• D) Globalization expands the network of English speakers.

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Strike Price

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The cost of purchasing a share of a company's stock, which fluctuates based on supply and demand in the market.

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A financial contract that gives the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a preset price within a specified time frame.

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The price that an investor must pay to purchase a put option, representing the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.