The world economy has changed profoundly since the end of the World War II.Perhaps the most fundamental changes that took place include all of the following except:
A)global competitors have steadily displaced local competitors.
B)the integration of the world economy has increased significantly.
C)economic integration is particularly striking in the European Union.
D)protectionism and nationalism have rapidly increased economic integration.
E)integration of the world economy is visible in NAFTA (North American Free Trade Agreement).

Question

Quizplus · Accepted Answer

Protectionism and nationalism often lead to increased trade barriers and reduced economic integration, contrasting with the other options that correctly identify trends towards greater global economic integration.

The World Economy Has Changed Profoundly Since the End of the World