Globalization refers to:
A) lower incomes worldwide
B) less foreign trade and investment
C) global warming and their effects
D) a more integrated and interdependent world
Correct Answer:
Verified
Q3: A no-trade world will have which of
Q4: Transportation cost of trade affects:
A)pattern of trade
B)boundaries
Q5: What was the first economic theory of
Q6: According to Adam Smith, the trade between
Q7: According to the principle of comparative advantage:
A)south
Q9: Comparative Cost Trade Theory is given by
A)adam
Q10: ……………..is the payment method most often used
Q11: Key controllable factors in global marketing are:
A)government
Q12: The first phase of globalization started around
Q13: According to this theory, the holdings of
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