The components of Nike tennis shoes are produced in different parts of the world. The final assembly of the shoes is completed in China. Thereafter the shoes are shipped to the United States, where David purchases a pair at a suburban mall in Denver. Of the following economic phenomena, which does this scenario best represent?

Question

Quizplus · Accepted Answer

The scenario best represents globalization, as the components of the shoes are produced in different parts of the world, and the final assembly takes place in China. The shoes are then shipped to the United States, where David purchases them. This highlights how production and consumption have become increasingly interconnected across national boundaries, leading to the integration of economies and the emergence of a global marketplace.

The Components of Nike Tennis Shoes Are Produced in Different