World trade has forged a network of global linkages that bind us all-countries,institutions,and individuals-much more closely than ever before.These linkages were first widely recognized during the:
A) worldwide oil crisis of 1970.
B) Gulf War II.
C) 1994 economic crisis.
D) financial crisis that was triggered in 2007.

Question

Quizplus · Accepted Answer

The worldwide oil crisis of 1970 was a pivotal moment that highlighted the interconnectedness of global economies, demonstrating how events in one part of the world could have immediate and significant impacts on countries worldwide. This crisis underscored the dependency of nations on each other, particularly in terms of energy resources, and marked a growing recognition of global linkages.

World Trade Has Forged a Network of Global Linkages That