An interconnected network of economic activity extending around the world and transcending national borders is a
A) global economy.
B) transnational economic structure.
C) post-industrial economy.
D) transnational corporation.
Correct Answer:
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Q5: Transnational corporations
A)help the U.S. to compete in
Q6: Free trade agreements
A)increase foreign restrictions on exports.
B)make
Q7: Capitalism focuses on
A)the collective good.
B)individual ownership and
Q8: The _ perspective analyzes the relationship between
Q9: The organization currently overseeing the multilateral trading
Q11: Free trade agreements include the goal of
A)increasing
Q12: Which is characteristic of capitalism?
A)Social welfare assistance
Q13: The structural-functionalist perspective argues the economic institution
A)creates
Q14: Transnational corporations contribute to
A)the trade deficit.
B)balancing the
Q15: Critics of capitalism argue that it creates
A)too
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