Which statement is an example of a global trend?
A)The Federal Reserve announces that it will decrease the interest rate it charges banks.
B)Congress passes legislation that increases the tax rates on corporations.
C)A new computer chip is announced that will allow for miniaturization of many electronic devices.
D)The E.U.declares an increase in tariffs on all agricultural goods.

Question

Quizplus · Accepted Answer

The increase in tariffs on agricultural goods by the E.U. is an example of a global trend because it affects multiple countries and regions, not just a single country or industry. It reflects the current trend of trade tensions and protectionist policies being implemented by various countries and groups around the world. The other options are more focused on specific countries or industries and do not necessarily reflect global trends.

Which Statement Is an Example of a Global Trend