Which of the following statements are considered true concerning the affects of global integration?
A) It has helped fuel economic growth throughout the industrialized world.
B) It can be the Achilles heel of economic growth.
C) Downturns in one country can now have a ripple effect that quickly spreads to other countries.
D) All of the above

Question

Quizplus · Accepted Answer

Global integration has indeed fueled economic growth in the industrialized world by opening up new markets and opportunities for trade and investment. However, it also means that economies are more interconnected, so a downturn in one country can quickly affect others, making it both a strength and a potential weakness of economic growth.

Which of the Following Statements Are Considered True Concerning the Affects