Questions and Answers
What happens when countries' markets become integrated and interconnected through economic transactions on cross-national borders?
Globalization occurs
Which of the following is NOT a form of economic transaction in globalization?
Transactions within international enterprises
What is the process called when multinational firms invest in local production facilities?
Foreign direct investment
What do international economists consider globalization to be?
Signup and view all the answers
What is one of the factors that drives economic transactions in globalization?
Signup and view all the answers
