Neoliberal globalization promotes:
A)public control of industry.
B)moderate to strong government management in the running for the economy.
C)the introduction of new taxes,tariffs,and regulations to check and balance the power of transnational corporations.
D)the encouragement of foreign investment.
E)exclusive national buying and selling of goods and services.

Question

Quizplus · Accepted Answer

Neoliberal globalization promotes the encouragement of foreign investment, which is the cornerstone of economic globalization. Neoliberalism emphasizes free market principles and deregulation, which in turn create an environment where foreign investment can thrive. The idea behind this is that foreign investment brings in capital, which can stimulate economic growth, create jobs and help developing countries improve their standard of living.

Neoliberal Globalization Promotes