This is based on trade and investment flows and restrictions;measures include trade as a percent of GDP,inflows of foreign direct investment as a percent of GDP,tariff rates,and import barriers.
A) Social globalization
B) Economic globalization
C) Democratic globalization
D) Alternative globalization

Question

Quizplus · Accepted Answer

Economic globalization refers to the increasing interconnectedness of economies through trade and investment, which is measured by indicators such as trade as a percent of GDP and inflows of foreign direct investment as a percent of GDP. Tariff rates and import barriers are also measures of economic globalization, as they reflect the level of openness and restrictions within a country's economy. Social globalization refers to the spread of ideas, culture, and lifestyles across borders, while democratic globalization refers to the expansion of democratic values and institutions around the world. Alternative globalization encompasses various forms of globalization that challenge or challenge the dominant model, such as localization or deglobalization movements.

This Is Based on Trade and Investment Flows and Restrictions;measures