Which of the Following Statements About the Multiple Facets of Globalization

question 3

Multiple Choice

Which of the following statements about the multiple facets of globalization is true?

• A) Globalization is driven and governed by economic forces, it has been extensive, and it has produced stronger economies.
• B) Globalization is driven and governed by political forces. It has not been as extensive as it seems nor has it produced stronger economies.
• C) Globalization is the natural result of higher educational levels and decreasing poverty levels. It has been fueled by industrialists and entrepreneurs.
• D) Globalization has been spurred on by industrialization. It has created a new world order where virtually all countries, regardless of geographical location, are interconnected economically.

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Definitions:

Dividend Yield

A financial ratio indicating how much a company pays out in dividends each year relative to its stock price.

Total Return

The overall financial gain or loss on an investment over a specified time period, including both capital gains and interest or dividends.

Indifference Curves

Graphical representations used in microeconomics to show different combinations of two goods that give a consumer the same level of satisfaction.

Standard Deviation

A metric that quantifies the spread or diversity among a collection of numbers.