Which of the following has most contributed to the globalization of the economy?
A)tariffs and trade barriers
B)reductions in transportation and communication costs
C)the decline in the relative importance of manufacturing
D)the decreased importance of agriculture
E)the shift toward a market economy in China

Question

Quizplus · Accepted Answer

The reduction in transportation and communication costs has greatly contributed to globalization by making it easier and cheaper for businesses to connect and exchange goods and services across borders.

Which of the Following Has Most Contributed to the Globalization