Globalization and the trend toward a decreasingly networked world economy will become more pronounced within the next 5 years.

Question

Quizplus · Accepted Answer

This statement is contradicted by recent trends and predictions. While there may be some short-term disruptions and readjustments due to factors such as trade tensions and the COVID-19 pandemic, the overall direction is toward increasing globalization and interconnectedness, driven by advances in technology, infrastructure, and communication. International trade, investment, migration, and cultural exchange are likely to continue to expand, albeit with some variations and challenges across different regions and sectors.

Globalization and the Trend Toward a Decreasingly Networked World Economy