15
RCMultiple Choice

Economic Development — Cumulative exam

Question 15 • ISP ONLY: Economics S5000XX

Globalization is the process of

Answer
l
limiting exhange of goods and services.
c
connecting the world over time.
r
requiring or relying on something.
f
focusing on certain goods and services.

Explanation

Globalization is the process of increasing connections and interactions among people, businesses, and countries around the world over time. It can involve trade, communication, culture, and technology. Therefore, “connecting the world over time” is the best answer; limiting trade would work against globalization.

AI-written and checked against the verified answer.

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