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The professor announced the first day of class: "Students are not good at meeting deadlines.I guarantee you that someone will email me the day after a due date and ask if I will accept a paper for partial credit." Yesterday the first paper was due in the professor's class.He just checked his email and a student inquired whether the paper could be turned in for partial credit today.This is an example of
Flat World
A metaphor describing a global environment where geographical and cultural barriers to communication, trade, and travel are diminishing, making the world more interconnected.
Free Access
Refers to the ability to obtain or use services without financial or restrictive barriers.
Uniform Trade Regulations
Agreed international rules and standards intended to simplify and harmonize global trade practices.
Global Financial Markets
The worldwide forums that exist for exchanging securities, currencies, and other financial instruments among global participants.
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