Globalization:
A) is a worldwide phenomenon that has replaced the Cold War system.
B) is driven by closed national markets.
C) involves the increase of tariff barriers worldwide.
D) is thought to have started at the end of WWII.
E) will eventually lead to the development of a global culture.

Question

Quizplus · Accepted Answer

Globalization is often seen as a system that emerged after the Cold War, characterized by interconnected economies and the reduction of trade barriers, rather than closed markets or increased tariffs.