Which of the following is NOT a reason why the world economy is globalizing at an accelerated pace?
A) Countries previously closed to foreign companies have opened their markets.
B) Countries that previously had planned economies now embrace mixed or market economies.
C) Information technology is shrinking 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 stringent trade barriers in place.

Question

Quizplus · Accepted Answer

Country opposition to market or mixed economies and stringent trade barriers would impede globalizing the world economy, rather than accelerate it.

Which of the Following Is NOT a Reason Why the World