Understanding Globalization

The rise of transnational corporations

Increased immigration

Advancements in communications and transportation technology (correct)

Increased international trade

International trade is a key driver and manifestation of the process of globalization. (correct)

Globalization and international trade are independent processes that have occurred in parallel.

Globalization has led to a decline in international trade.

International trade is a result of, but not a driver of, globalization.

The containerization of shipping in the mid-20th century

The development of the internet and email in the late 20th century

The Silk Road trade route connecting China and Europe during the Middle Ages (correct)

The rise of transnational corporations in the 20th century

<p>Decisions made by transnational corporations can have ripple effects on the global economy, affecting people in other parts of the world.</p> Signup and view all the answers