According to Rosabeth Moss Kantor of the Harvard Business School, which three events of the 1980s paved the way for the global economy?
A) The Berlin Wall came down, countries worldwide opened their economies to foreign investors, and there was a worldwide trend of governments increasingly regulating their economies.
B) The Berlin Wall was built, Asian countries formed their own stock market, and NAFTA was implemented.
C) The Berlin Wall came down, Asian countries opened their economies to foreign investors, and there was a worldwide trend of governments deregulating their economies.
D) The governments of China and India implemented certain aspects of capitalism, Nixon opened China to international trade, and the value of the U.S. dollar skyrocketed.
E) The Berlin Wall came down, NAFTA and CAFTA were implemented, and the Dow Jones Industrial Average hit 10,000.

Question

Quizplus · Accepted Answer

In the late 1980s, the fall of the Berlin Wall signaled the end of communism in Eastern Europe. Around the same time, Asian countries began to open their economies to foreign investors. Finally, the trend toward governments deregulating their economies began sweeping the globe. These three events set up conditions that allowed goods, people, and money to move more freely throughout the world.