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The Last Twenty Years of the Twentieth Century Witnessed a Momentous

Question 55

Multiple Choice

The last twenty years of the twentieth century witnessed a momentous shift in economic power and commercial activity from


A) the Atlantic to the Pacific region, making China the second-largest national economy in the world.
B) midsize, nationally based firms in western Europe and the United States to worldwide multinational corporations.
C) national governments to private business interests, especially in the high-tech industries.
D) western Europe to eastern Europe, particularly the newly independent (and in some cases oil-rich) republics of the former Soviet Union.

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