Which of the following terms refers to the increasing importance of international trade and investment either for a country or the world economy?
A) Comparative advantage
B) FDI
C) Globalization
D) Commercial policy
E) international collaboration.

Question

Quizplus · Accepted Answer

Globalization refers to the process of increasing interdependence and connectivity of economies around the world, primarily through the expansion of international trade and investment.

Which of the Following Terms Refers to the Increasing Importance