Which of the following statements most accurately reflects and explains the true picture of the current degree of globalization?
A) Contrary to popular belief, globalization has sharply decreased, due largely to increasing fear of dependency on other countries.
B) Globalization has barely risen since the early 1900s, due in part to colonization creating vast trade markets with integration levels so high that they have been difficult to top.
C) National pride and the economic crisis have led to a decrease in globalization.
D) Virtually every developed nation today is more extensively involved in international trade and investment than ever before, due to increased worldwide demands for foreign investments and foreign-made products.
Correct Answer:
Verified
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