The world economy is globalizing at an accelerated pace because
A) countries previously open to foreign companies have closed their markets.
B) countries that previously had market or mixed economies now embrace planned economies.
C) information technology is exacerbating the importance of geographic distance.
D) growth-minded companies are racing to build stronger competitive positions in the markets of more countries.
E) countries opposed to market or mixed economies have erected more stringent trade barriers.
Correct Answer:
Verified
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