Question

Recent global changes in political and economic systems show that

Multiple Choice

• the multipolar world dominated by a number of civilizations of the Cold War era has vanished and is now being replaced by abipolar world.

• many undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentiallyenormous for international business.

• a lack of deregulation was the cause for the global financial crisis of 2008–2009.

• it is guaranteed that democracy will thrive in most of the world's newer democratic states.

• East European communist ideology is now widespread.

Answer 1

In this case the recent Global changes in political and economic system shows that many under develop and impoverished national market of eastern Europe Latin America Africa and Asia are potentially enormous for international business because the prospects of the market in the developed countries are not saturated so these developed countries are looking for the underdeveloped countries and they are making their efforts to create this market a global consumer and all the developed countries are treating themselves as a final producer and supplier of goods and services to these underdeveloped countries this is not a good sign in terms of global equality in the world.
But because of the influence of the developed countries underdeveloped countries are bound to accept the goods that will raises the standard of living of their citizens but directly or indirectly they are under the control of these develop the nation.
Option A is not correct because it means the multipolar world dominated by a number of civilizations of the Cold War Era has vanished and is now been replaced by a bipolar world it is not true because it means that only two countries in the world control the complete global market.
Option number C is also not true as a lack of deregulation was the cause of the global financial crisis of 2008 2009 it was because of some liberal policies and non performing assets in the market.
Option d and e are also not applicable as they explain the guaranteed that democracy will thrive in most of the world’s new democratic States and East European communist ideology is now widespread.