When the demand for smartphones increased in Preteresia, a country in Eastern Europe, the smartphone manufacturers started importing silicon, a raw material used in the manufacture of smartphones, from Abresia, a country in Africa. In return, Preteresia helped build Abresia's infrastructure to facilitate the efficient extraction of silicon. This scenario best illustrates _____.
A) monopolization
B) centralization
C) market segmentation
D) global convergence

Question

Quizplus · Accepted Answer

This scenario illustrates global convergence, where countries collaborate and integrate their economies through trade and mutual benefits, such as Preteresia importing silicon from Abresia and helping to build its infrastructure.

When the Demand for Smartphones Increased in Preteresia, a Country