7. What is the primary reason that the intensifying economic crisis in Europe threatens to impact
the decisions of global managers in the United States and throughout the world?
(A) The inability to trim benefits and free up labor markets prevents the region from spurring
any significant growth over the next decade.
(B) New measures by the European Commission to oversee banks and to monitor national
budgets have been met with resistance by euro zone members.
(C) The euro zone is a larger economic unit than the United States or China and is a major
source of world demand for goods and services.
(D) The massive debt in Greece has caused Europe to slide into a new recession.