________is the extent to which a country participates in international trade and investment

Question

Quizplus · Accepted Answer

The term that best fits the given definition is internationalization, which refers to the degree of involvement of a country in international trade and investment. Investment and economic soundness are related to a country's financial stability and overall economic health, but they do not directly measure a country's participation in international trade. Competitive advantage, on the other hand, refers to a country's ability to produce goods or services at a lower cost or better quality than other countries. While this can affect a country's ability to participate in international trade, it is not the same as measuring the extent of their participation.

________Is the Extent to Which a Country Participates in International