In Its Most Basic Form, Globalization Has Existed Ever Since

question 71

Multiple Choice

In its most basic form, globalization has existed ever since:

• A) the creation of the Internet, which enables people to sell their products overseas.
• B) the end of World War II.
• C) the creation of the International Monetary Fund (IMF), which establishes the rules for all countries to follow as they trade.
• D) the fall of the Berlin wall which marked the end of communism and thus, the beginning of truly "global" times.
• E) primitive societies began to engage in trade.

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Definitions:

Realistic

Pertaining to or representing conditions as they actually are; practical and pragmatic in approach or assessment.

Broad

Encompassing a wide range or scope; not limited or narrow.

Target Market

Identifies a specific group of consumers at which a company aims its products and services.

Product Perception

The way consumers view or interpret a product's attributes, quality, and overall value based on various factors.