Question

This chapters Focus on Globalization section discusses economic globalization. Which of the following is an outcome of our 21st-century global economy?

A. Modern-day transnational finance has shifted economic control of local life to outsiders.

B. Economic functions are now locally controlled.

C. Foreigners now finance only a small percentage of the U.S. national debt.

D. American companies are withdrawing from foreign markets.

E. With increasing globalization there is increased face-to-face contact in economic transactions.

Answer

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