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

Question

Quizplus · Accepted Answer

Increased trade has led to increased globalization of world economies, as goods and services are exchanged across borders more frequently. This has resulted in greater economic interdependence and the breaking down of barriers between countries. However, it has not necessarily led to a more equal distribution of wealth across countries, as some countries may benefit more than others from trade. Trade has also not caused a decline in human cooperation, as it requires cooperation between countries and individuals to facilitate the exchange of goods and services. Lastly, increased trade has typically led to more specialization and greater globalization, rather than less.

Increased Trade Has Led To