Countries That Have a Large Number of Embassies, Have Memberships

question 64

Multiple Choice

Countries that have a large number of embassies, have memberships to international organizations, and participate in UN peace missions would be categorized under _____ globalization.

• A)cultural
• B)social
• C)political
• D)economic
• E)ethical

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Definitions:

Blanket Inventory Lien

A security interest granted by a borrower to a lender, covering all of the borrower's inventory.

Revolving Line of Credit

A credit facility extended by a financial institution to a client that allows the borrower to draw, repay, and redraw loans advanced to them up to a specified maximum amount.

Annual Sales

Annual sales is the total amount of sales or revenue a company generates in a fiscal year.

Retailer

A retailer is a business or person that sells goods directly to consumers for personal or household consumption.