Trade of goods and services across national boundaries,as well as the mobility of businesses and labor through immigration,is called:
A) international business.
B) globalization.
C) national labor.
D) intercommerce.

Question

Quizplus · Accepted Answer

Globalization encompasses not only the trade of goods and services across national borders, but also the movement of businesses and labor through immigration. International business refers specifically to business operations that cross national borders, but does not capture the full scope of globalization. National labor and intercommerce are not accurate terms for describing this phenomenon.

Trade of Goods and Services Across National Boundaries,as Well as the Mobility