According to the text, the tendency toward an international integration of goods, technology, information, labor, and capital, or the process of making this integration happen, is called:
A) internationalization.
B) international business.
C) economic globalization.
D) multinationalization.
E) global integration.

Question

Quizplus · Accepted Answer

The process described is economic globalization, as it involves a worldwide integration of various aspects of the economy. The other options, such as internationalization and multinationalization, do not capture the comprehensive nature of this process.

According to the Text, the Tendency Toward an International Integration