The increasing integration of economies around the world,particularly through trade and financial flows,is:
A)outsourcing
B)macroeconomics
C)globalization
D)autarky

Question

Quizplus · Accepted Answer

Globalization refers to the increasing interconnectedness and interdependence of economies around the world, particularly through trade and financial flows. It involves the free movement of goods, services, people, technology, and capital across borders, as well as the spread of cultural exchange and communication. The other choices are not correct in describing this phenomenon.

The Increasing Integration of Economies Around the World,particularly Through Trade