The transnationalization of the productive process in which finished goods rely on inputs from multiple countries outside their final market is known as _____ .
A) intra-firm trade
B) globalization of production
C) trade integration
D) globalization of finance

Question

Quizplus · Accepted Answer

The transnationalization of the productive process, where finished goods rely on inputs from multiple countries outside their final market, is known as globalization of production. Intra-firm trade refers to trade between different branches or subsidiaries of the same company. Trade integration refers to a process where trade barriers between countries are reduced, and there is a movement towards a more free trade system. Globalization of finance refers to the worldwide integration of financial systems and markets.

The Transnationalization of the Productive Process in Which Finished Goods