Globalization is commonly associated with which of the following trends?

Globalization is commonly associated with which of the following trends?

• A. Economic integration and free trade
• B. Economic isolation
• C. Monopolization of domestic markets
• D. De-internationalization

Answer: (A)

Globalization centers on economies becoming more interconnected across borders through trade, investment, and the movement of people and ideas. The defining trend is economic integration and free trade—nations lowering barriers, expanding cross-border commerce, and weaving together markets, supply chains, and financial flows. That broader, collaborative tightening of economic links is what globalization is all about, which is why this option fits best. The other ideas describe situations that run counter to globalization: pulling back into isolation reduces international exchange; domestic market dynamics like monopolization can occur for many reasons and don’t define global connectivity; and moving away from international ties (de-internationalization) is simply the opposite of globalization.

Globalization centers on economies becoming more interconnected across borders through trade, investment, and the movement of people and ideas. The defining trend is economic integration and free trade—nations lowering barriers, expanding cross-border commerce, and weaving together markets, supply chains, and financial flows. That broader, collaborative tightening of economic links is what globalization is all about, which is why this option fits best.

The other ideas describe situations that run counter to globalization: pulling back into isolation reduces international exchange; domestic market dynamics like monopolization can occur for many reasons and don’t define global connectivity; and moving away from international ties (de-internationalization) is simply the opposite of globalization.