Which of the following is a key macro factor that underlies the trend toward greater globalization?
A)Technological change,particularly in communication,information processing,and transportation
B)Uniformity achieved in the level of education and standards of living across the world
C)Establishment of global institutions like the WTO and IMF to promote spread of globalization
D)Increase in subsidies to ailing sectors like agriculture

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.

Which of the Following Is a Key Macro Factor That