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QUESTION IMAGE

multiple select question select all that apply select all of the factor…

Question

multiple select question
select all that apply
select all of the factors that led to the creation of the global economy.
a rise in multinational corporations
economic deregulation
an increase in free trade
technological advancements
the proliferation tariffs and trade regulations
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Explanation:

Brief Explanations
  • Multinational corporations operate across borders, integrating global markets.
  • Economic deregulation reduces cross-border barriers to trade/investment.
  • Free trade removes tariffs/quotas, enabling global economic integration.
  • Tech advancements (e.g., shipping, digital tools) lower global transaction costs.
  • Tariff proliferation restricts trade, opposing global economy growth.

Answer:

A. A rise in multinational corporations
B. Economic deregulation
C. An increase in free trade
D. Technological advancements