Which of the Following Is Not a Reason Why the World

question 11

Multiple Choice

Which of the following is not a reason why the world economy is globalizing at an accelerated pace?

• A)Growth-minded companies are racing to build stronger competitive positions in the markets of more countries.
• B)Information technology is shrinking the importance of geographic distance.
• C)Countries that previously had planned economies now embrace mixed or market economies.
• D)Countries previously closed to foreign companies have opened their markets.
• E)Countries opposed to market or mixed economies have stringent trade barriers in place.

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Definitions:

Fault Zone

An area of multiple fractures or breaks in the Earth's crust caused by tectonic forces, associated with earthquakes and volcanic activity.

Unconformity

A geological feature that represents a break or gap in the Earth's sedimentary record, often caused by periods of erosion or lack of deposition before more sediment is laid down.

Petroleum

A liquid mixture of hydrocarbons present in certain rock strata, used primarily as a fuel source.

Oil and Gas

Natural resources found beneath the Earth's surface, used as crucial energy sources and raw materials in various industries.