How do you think globalization might have affected the economy over the past decade? O A. Globalism has been the primary driver of economic inequality among nations. OB. Globalization has allowed larger economies to take advantage of the same division of labor as in smaller countries. OC. Globalization has allowed larger economies to take advantage of smaller economies O D. Globalization has allowed smaller economies to take full advantage of the division of labor.
How do you think globalization might have affected the economy over the past decade? O A. Globalism has been the primary driver of economic inequality among nations. OB. Globalization has allowed larger economies to take advantage of the same division of labor as in smaller countries. OC. Globalization has allowed larger economies to take advantage of smaller economies O D. Globalization has allowed smaller economies to take full advantage of the division of labor.
Chapter1: Making Economics Decisions
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Problem 1QTC
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How do you think globalization might have affected the economy over the past decade?
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Step 1
Globalization:
It is a process through which the people of different nations integrate and interact. Basically, the companies and government play an important role in globalization because it is the government that implements the policies regarding overseas trade, and companies do the trade activities like import and export of commodities.
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