10
QuizMultiple Choice

Challenges Facing the Modern Urban Space — Unit test

Question 10 • W Geography_B_IC

Which of the following terms is best described as “an increasingly international approach to producing, marketing, and distributing goods and services”?

Answer
A
economic globalization
B
world trade
C
capitalism
D
trade agreement

Explanation

Economic globalization is the growing integration of economies across national borders, including how goods and services are produced, marketed, and distributed. World trade refers more narrowly to the exchange of goods and services between countries, while capitalism is an economic system and a trade agreement is a pact between countries.

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