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      Question

      The tendency of investment funds and businesses to move

      beyond domestic and national markets to other markets around the globe, thereby increasing the interconnection of the world, is known as:
      A Globalization Correct Answer Incorrect Answer
      B Free Trade Correct Answer Incorrect Answer
      C Export Import Dependence Correct Answer Incorrect Answer
      D Cross Border Trade Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Globalization is the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnection of the world. Globalization has had the effect of markedly increasing international trade and cultural exchange.

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