In What Way Has Globalization Affected the Economy

question 68

Multiple Choice

In what way has globalization affected the economy?

• A) Transnational markets have given way to national markets.
• B) Regional trade blocs have been replaced by domestic markets.
• C) National markets are becoming less dependent on each other.
• D) National markets are being overtaken by regional trade blocs.

---

Definitions:

Linking Assessment

The process of connecting evaluation results to appropriate interventions or resources to address identified needs or issues.

Intervention Plans

Structured approaches designed to address specific issues or challenges, often involving steps or strategies to bring about positive change.

Pension Benefits

Financial payments made to individuals following retirement, derived from contributions made during their working life.

Mediator

An impartial individual or entity that facilitates negotiation and conflict resolution between parties.