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Questions and Answers
What is the term used to describe the growing interdependence of the world's economies, cultures, and populations?
What is the term used to describe the growing interdependence of the world's economies, cultures, and populations?
What is brought about by cross-border trade in goods and services, technology, and flows of investments, people, and information?
What is brought about by cross-border trade in goods and services, technology, and flows of investments, people, and information?
Which of the following is NOT directly related to the concept of globalization?
Which of the following is NOT directly related to the concept of globalization?
What is a key characteristic of globalization?
What is a key characteristic of globalization?
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What is an example of a factor that contributes to globalization?
What is an example of a factor that contributes to globalization?
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Study Notes
Globalization
- Globalization refers to the growing interdependence of the world's economies, cultures, and populations.
- This interdependence is brought about by various factors, including:
- Cross-border trade in goods and services
- Technology
- Flows of investments
- Movement of people
- Exchange of information
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Description
Identify the correct term that describes the growing interdependence of the world's economies, cultures, and populations. This concept involves cross-border trade, technology, and flows of investments, people, and information.