The full benefits of globalization could be reached while minimizing the costs assuming which of the following occur?
A)countries standardize reporting of financial market information
B)the surveillance of international organizations becomes more transparent and open
C)a world government is established
D)Both a and b are correct.

Question

Quizplus · Accepted Answer

Standardizing reporting of financial market information across countries and making the surveillance of international organizations more transparent and open can help in minimizing the costs of globalization. However, establishing a world government is not a feasible option and hence not a correct choice. Therefore, both options A and B are correct.

The Full Benefits of Globalization Could Be Reached While Minimizing