Globalization is __________.
A)a world in which every country consumes only what it produces for itself
B)the integration of economic activities across national borders
C)moving from a condition in which economies are linked to each other in various ways to economic isolation
D)the flow of labor that adds to the pool of workers in one country while reducing it in another

Question

Quizplus · Accepted Answer

Globalization refers to the integration of economic activities across national borders. It involves the free flow of goods, services, and capital across borders, as well as the increasing interdependence of national economies. Globalization has been facilitated by advances in technology and communication, and it has had a significant impact on the world economy and on societies around the globe.

Options A, C, and D are incorrect. Option A describes a situation of self-sufficiency, which is the opposite of globalization. Option C refers to a move away from globalization, which is not a current trend. Option D only describes a part of the dynamic flow of people and resources under globalization.

Globalization Is __________