Question

Which of the following best describes globalization?

• A. The isolation of a country's economy from the rest of the world.
• B. The spread of products, services, capital, and technology across borders.
• C. Strict government control over international trade.
• D. The nationalization of all industries

Answer 1

Answer:

B. The spread of products, services, capital, and technology across borders.

• Globalization is the spread of products, services, resources, capital, new technology, and human resources across the world without borders.