I think it was a type of government
<em>Globalization</em> is a process that aspires to enlarge bussiness operations around the world, making use of technological advancements, as well as political and socioeconomic development.
On developed countries, it was proven beneficial as it led to economic growth. But on developing ones, it was harmful to their economy as the costs of it, outweighted the benefits. Although <em>free trade</em>* boosts opportunities for international trade, it also rises the risk of failure for smaller companies that cannot compete internationally.
*Free Trade: policy that erases discrimination against imports and exports.
People feared Catholics would rule the world with Smith as President leading to Hoover's election. This reflected rural vs. urban, nativism vs. foreigners, "wets" vs. "dries," Catholics vs. Protestants, and tradition vs. modern values. Hope this helped!
Answer: A) 10% of the GSP
I hope this helps, and Happy Holidays! :)
