Strong pressures for convergence due to a shared history and culture, or the establishment of a trading block where there are deliberate attempts to harmonize trade policies, infrastructure, and regulations have contributed to the rise in which of the following trends?
A) Regionalism
B) Globalization
C) Monopolies
D) Nationalism
E) Traditional practices

Question

Quizplus · Accepted Answer

Strong pressures for convergence due to a shared history and culture, or the establishment of a trading block where there are deliberate attempts to harmonize trade policies, infrastructure, and regulations contribute to the rise in regionalism. This involves countries within a geographic region coming together to form an economic or political union, allowing for increased trade and cooperation among members.

Strong Pressures for Convergence Due to a Shared History and Culture