While the lowering of trade barriers made globalization of markets and production a theoretical possibility,which of the following has made it a tangible reality?
A)the advances in communication,information processing,and transportation technologies
B)the rise of communism and the need for independent economies on a global scale
C)the increasing diversity in consumer tastes and preferences worldwide
D)the increasing differences in the material culture the world over
E)the decreasing significance of the World Trade Organization

Question

Quizplus · Accepted Answer

The advances in communication, information processing, and transportation technologies have made it easier for companies to operate on a global scale, allowing for more efficient production and distribution of goods and services, and enabling communication among different parts of the world. These advances have made globalization a tangible reality.

While the Lowering of Trade Barriers Made Globalization of Markets