Asked by Alondra Vargas on Jul 16, 2024
Verified
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.
Neoliberal Globalization
The process of global integration where emphasis is placed on free-market policies, minimal state intervention, and liberalized international trade.
Foreign Investment
The investment of capital from one country into businesses, real estate, or projects within another country, aiming to achieve financial returns.
- Analyze different models pertaining to globalization and its alternatives, such as neoliberal globalization.
Verified Answer
GG
Grande GraceJul 21, 2024
Final Answer :
D
Explanation :
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.
Learning Objectives
- Analyze different models pertaining to globalization and its alternatives, such as neoliberal globalization.
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