Which of the following would NOT reflect Friedman's notion of a flat earth?
A) the ability of financial capital and production to flow easily from one place to another
B) the ability of financial capital to change locations to take advantage of technological innovation
C) the ability of financial capital to change locations to take advantage of labor costs
D) the ability of financial capital to develop new products that can be shipped and sold anywhere
E) there are local differences in geographies that may encourage or inhibit the flow of ideas and goods around the globe

Question

Quizplus · Accepted Answer

Friedman's notion of a flat earth suggests that geographical barriers and differences are no longer relevant in today's globalized economy. However, choice E acknowledges that there are still local differences in geography that can affect the flow of ideas and goods. Therefore, it does not reflect Friedman's notion of a flat earth. The other choices all reflect his idea of a flat world, where financial capital and production can flow easily across borders and take advantage of technological innovations, labor costs, and product development opportunities.

Which of the Following Would NOT Reflect Friedman's Notion of a Flat