One result of the financial meltdown of the late 2000s was that ...

[ETearle]

One result of the financial meltdown of the late 2000s was that mortgage institutions ________ and ________ were brought under direct control of the government.
 
  A) Fannie Mae; Freddie Mac B) Lehman Brothers; FDIC
  C) Glass Steagall; Sarbanes Oxley D) Goldman Sachs; Morgan Stanley

Question 2

Anti-globalization and protectionism are both arguments against free trade. How do these two arguments differ?
 
  What will be an ideal response?

[blfontai]

Answer to Question 1

A

Answer to Question 2

The anti-globalization argument against trade is relatively new. This argument includes the notion that free trade destroys the culture of many countries and that factories locating to low-income countries do not meet environmental or safety regulations that are imposed in high-income countries. The protectionism argument has been around for centuries. Protectionism is usually justified on the basis of one of the following four arguments: saving jobs, protecting high wages, protecting infant industries, and protecting national security.

[ETearle]

Thank you

[blfontai]

Happy to help you