Which of the following statements is true about the global economy of the twenty first century?
A) National economies are becoming less integrated into a single and interdependent economic system.
B) The number of nations joining the ranks of the developed world has reduced.
C) Countries have extensively adopted liberal economic policies.
D) There are fewer instances of state-owned businesses privatized and markets being opened to more competition.
E) The world is currently moving toward an economic system that is more unfavorable for international business.

Question

Quizplus · Accepted Answer

Countries around the world have extensively adopted liberal economic policies, including deregulation, privatization, and free trade. This trend towards liberalization has continued in the twenty first century.

Which of the Following Statements Is True About the Global