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