Which of the following is an implication of the global changes in poli

QUESTION

Which of the following is an implication of the global changes in political and economic systems for international business?

A. The ideological conflict between collectivism and individualism is less in evidence today.

B. Adoption of Western ideology is declining worldwide.

C. The global tide has been running in favor of command economies and totalitarian dictatorships.

D. Free markets and democracy are being replaced by mixed economies and communist governments.

E. Liberalization and privatization of state-owned enterprises has been losing popularity.

ANSWER

A
The global changes in political and economic systems discussed earlier have several implications for international business. The long-standing ideological conflict between collectivism and individualism that defined the twentieth century is less in evidence today.