WBCS.LIVE practice question

Which of the following best describes the impact of globalization on local economies?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Increased local trade barriers
  2. Enhanced global trade and economic integration
  3. Decreased international investment
  4. Isolation of national economies Answer

Correct answer and explanation

Correct answer: Enhanced global trade and economic integration