This Chapter's "Focus on Globalization" Section Discusses Economic Globalization

This chapter's "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.