a. Is rising in the industrialized and developing countries b. Is proving that globalization is not benecial c. Has not been blunted by welfare measures :1. Is widely accepted as a cost of development . A "new world order" is meant to describe: a An era where nations would work together for global situations b. New rules under which the UN would function c. Pairing a rich nation with a poor one to help in its development :1. Tight rules for regulating wars and migration e. Eliminating poverty by providing aid to everyone below the poverty line . In today's globalized world, to retain control of one's career, employees should: a. Change jobs equently b. Be very loyal to their employer c. Be prepared to move overseas :1. Take responsibility for their continued education and development ' . 1iWhich of the following is E true about globalization? It: a. Has been universally welcomed and appreciated in all world markets b. Helps firms in their efforts to supply products and output in the international marketplace c. Has increased the choice available to consumers :1. Led to greater exchange and sharing transnationally . The discussion on the \"backlash over globalization" suggests that: a. There are no valid reasons for this anxiety about globalization b. Globalization causes more losers than winners c. The United States should insulate its workers om the forces of globalization :1. More should be done to share the advantages that come from free trade . 1iWhat would be the most feasible option available to governments around the world? They should: a. Fight the tide of globalization b. Insulate their countries orn international inuences c. Fight for the abolition of the World Trade Organization :1. Selectively embrace new opportunities of globalization 7. Market fundamentalism refers to: a. A belief in unregulated free market policies as a solution in economic and social problems b. A belief that markets will not solve fundamental problems c. A belief that markets provide the foundation for government regulation d. A belief in opening new markets in developing countries to support growth e. A believe that the absence of markets will allow other solutions to emerge for resource allocation 8. Nations try to reconcile conflicting economic goals. The main one is: a. Innovation versus economic development b. National security versus migration c. Growth of business versus rising GDP d. Maximizing the profits of private enterprise versus welfare of society e. Fighting inflation versus full employment 9. The arguments for globalization include all, except: a. It lowers the price of goods due to free trade b. It keeps population growth to manageable levels c. It allows individuals to maximize their returns on their skills d. Competition encourages innovation e. It helps people to arrive at global solutions 10. The arguments against globalization include all of the following, except: a. Freer trade has resulted in the loss of jobs b. Income inequality has widened c. Cultures are getting standardized d. Educational opportunities have fallen e. External pressures sometimes makes a country act against its interest