Which of the Following Has Enabled Globalization of Markets

question 72

Multiple Choice

Which of the following has enabled globalization of markets?

• A) Differentiation amongst national markets
• B) Falling barriers to cross border trade
• C) Reduced homogeneity of material culture across the world
• D) Increased government ownership of factors of production

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Definitions:

Milligrams

A unit of mass equal to one thousandth of a gram, commonly used to measure small quantities of substance.

Grams

A metric unit of weight equivalent to one thousandth of a kilogram, widely used in science and everyday commerce.

Conversion Formula

A mathematical equation used to change units from one system to another or to transform data into a different format.

Hours

A unit of time equal to 60 minutes or 3,600 seconds.