Globalization and World Economy Quiz

Globalization of Technology

Globalization of Markets (correct)

Globalization of Labor

Globalization of Government

Rising transportation costs

Falling barriers to trade (correct)

Increasing import tariffs

Strict immigration policies

Sourcing goods and services from different locations to take advantage of cost and quality differences (correct)

Restricting production to a single location for consistency

Ignoring technological advancements in production

Selling goods and services in local markets only

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