Identify a macro factor that seems to underlie the trend toward greater globalization.
A)The increase in global economic stability
B)Reversal of deregulation trends
C)Implementation of protectionist policies
D)The decline in barriers to trade

Question

Quizplus · Accepted Answer

Two macro factors underlying the trend toward greater globalization are: 1)the decline in barriers to the free flow of goods,services,and capital that has occurred since the end of World War II,and 2)technological change,particularly the dramatic developments in recent years in communication,information processing,and transportation technologies.

Identify a Macro Factor That Seems to Underlie the Trend