Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

while the lowering of trade barriers made globalization of markets and …

Question

while the lowering of trade barriers made globalization of markets and production a theoretical possibility, what has made it a tangible reality? multiple choice the advances in communication, information processing, and transportation technologies the rise of communism and the need for independent economies on a global scale

Explanation:

Brief Explanations

Lowering trade barriers created the theoretical framework for globalization, but technological advancements in communication, information processing, and transportation enabled the practical, real-world implementation of global markets and production by reducing costs, speeding up transactions, and connecting distant regions. The second option is incorrect because communism's rise and independent economies do not support globalized markets and production.

Answer:

the advances in communication, information processing, and transportation technologies