SELECT ALL THAT APPLY.Which of the following concepts are key aspects of globalization?
A)trade
B)foreign direct investment
C)current exchange market
D)international capital flows

Question

Quizplus · Accepted Answer

A) Trade is one of the most visible and widespread components of globalization as countries engage in the exchange of goods and services across borders.

B) Foreign direct investment involves companies and individuals investing in foreign companies or assets, thus increasing economic interdependence.

C) Although the currency market is related to globalization, it is not a significant aspect of it.

D) International capital flows refer to the movement of financial resources such as money, technology, and knowledge across borders, driving globalization forward.