Increased trade has also led to:
A) increased globalization of economies.
B) a more equal distribution of wealth across countries.
C) a decline in human cooperation.
D) more specialization and thus less globalization.

Question

Quizplus · Accepted Answer

Increased trade has promoted the integration of economies and the creation of global supply chains, leading to the expansion of globalization.

Answer: B is incorrect. Increased trade often leads to wealth concentration in the hands of the most powerful actors in society, reducing income inequality in some countries but increasing it in others.

Answer: C is incorrect. Trade is often facilitated by cooperation between countries, businesses, and individuals.

Answer: D is incorrect. Increased trade often leads to greater specialization, but this specialization often occurs across different countries, promoting globalization.

Increased Trade Has Also Led To