Globalization
A) is less relevant now than ten years ago.
B) has resulted in increasing international economic integration.
C) began in the early 1960s.
D) has decreased interdependence.
E) does not involve the majority of the world-system.

Question

Quizplus · Accepted Answer

Globalization has resulted in increasing international economic integration, with the integration of markets, trade, and investment. It has not decreased interdependence, nor is it less relevant now than ten years ago. While it may not involve the majority of the world-system in terms of economic development and growth, it still has a significant impact on the global economy and international relations. The origins of globalization can be traced back to earlier historical periods, but it began to take on its current form in the late 20th century.