The process of creating a global economy through transnational markets and political and legal systems is referred to as transnationalism.

Question

Quizplus · Accepted Answer

The process described is referred to as globalization, not transnationalism. Globalization involves the integration and interaction of economies, cultures, and governments worldwide, while transnationalism generally refers to the sustained connections and practices of people across national borders.

The Process of Creating a Global Economy Through Transnational Markets