All of the following are characteristics of the global economy EXCEPT:
A) the increasing importance of developing countries as sources of revenue growth.
B) the free movement of goods, services, people, skills, and ideas across geographic borders.
C) the increased use of tariffs to protect industries.
D) higher levels of opportunities and challenges in new geographic markets.

Question

Quizplus · Accepted Answer

The increased use of tariffs to protect industries is not a characteristic of the global economy, as it goes against the idea of free movement of goods and services across geographic borders. The other options are characteristics of the global economy.

All of the Following Are Characteristics of the Global Economy