While the lowering of trade barriers made globalization of markets and production a theoretical possibility, what has made it a tangible reality?
A) the advances in communication, information processing, and transportation technologies
B) the rise of communism and the need for independent economies on a global scale
C) the increasing diversity in consumer tastes and preferences worldwide
D) the increasing differences in the material culture the world over
E) the decreasing significance of the World Trade Organization
Correct Answer:
Verified
Q41: For foreign direct investment (FDI) to occur,
Q42: The main goal of GATT was to
A)
Q43: Which statement reflects the changing demographics of
Q44: One result of the Uruguay Round was
A)
Q45: Silver Fire Electric Inc., a U.S.-based company,
Q47: Why did many nations impose high tariffs
Q48: What are mini-multinationals?
A) multinational firms from relatively
Q49: The change in the United States' position
Q50: A positive economic change from 1960 to
Q51: Connor assured his foreign counterpart that the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents