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Questions and Answers
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?
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 (correct)
- International integration
- Human innovation
- Technological progress
According to the International Monetary Fund, economic globalization is a result of which of the following?
According to the International Monetary Fund, economic globalization is a result of which of the following?
- Human innovation and technological progress (correct)
- Increasing integration of economies
- Movement of goods and services
- Movement of people and knowledge
What does economic globalization make the world economy?
What does economic globalization make the world economy?
- An isolated system
- A closed system
- An organic system (correct)
- A stagnant system
What is the irreversible trend for economic development in the whole world at the turn of the millennium?
What is the irreversible trend for economic development in the whole world at the turn of the millennium?
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What does economic globalization refer to in economic terms?
What does economic globalization refer to in economic terms?
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