5 Questions
Which term refers to the increasing interdependence of world economies as a result of cross-border trade, flow of international capital, and spread of technologies?
Economic globalization
According to the International Monetary Fund, economic globalization is a result of which of the following?
Human innovation and technological progress
What does economic globalization make the world economy?
An organic system
What is the irreversible trend for economic development in the whole world at the turn of the millennium?
Economic globalization
What does economic globalization refer to in economic terms?
A process making the world economy an organic system
Test your knowledge on the global economy and economic globalization in this quiz. Explore the concepts of interdependence, cross-border trade, international capital flow, and technological advancements that shape our contemporary world.
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