European exploration and colonization of the Americas could be interpreted as
A) intraindustry trade.
B) globalization.
C) increasing returns-to-scale tariffs.
D) quantity-value subsidies of exploration.
E) a race to the bottom.

Question

Quizplus · Accepted Answer

European exploration and colonization of the Americas can be seen as an example of globalization, as it involved the integration of different regions and economies on a global scale, the transfer of people, goods, and ideas, and the emergence of new economic and political systems. The impact of this process on indigenous societies, ecosystems, and cultures was profound and far-reaching, shaping the course of history in the Americas and beyond. The other options are not appropriate as they do not capture the complexity or significance of this historical phenomenon.

European Exploration and Colonization of the Americas Could Be Interpreted