Which of the following is a major trend in the global economy?
A) slow economic growth in less developed nations
B) a movement to impose more barriers to international trade
C) slow growth in the volume of trade among nations due to a lack of cooperation among international institutions
D) increasing interdependence among the world's economies

Question

Quizplus · Accepted Answer

The increasing interdependence among the world's economies is a major trend in the global economy. This is evidenced by the growth of international trade, investment, and financial flows between countries, as well as the integration of supply chains and production networks across borders. This trend has been driven by advances in technology, transportation, and communication, as well as the liberalization of trade and investment policies in many parts of the world. As a result, the fortunes of different economies have become increasingly linked, with changes in one country's economy having ripple effects on others.

Which of the Following Is a Major Trend in the Global