This fall in international trade barriers has occurred as a result of <u>globalization</u>.
<h3>What is globalization?</h3>
Globalization is the process that has increased the fall in international trade barriers, making it possible for goods and services to be traded across national boundaries.
Globalization has facilitated the integration of various economies through the easier movement of goods, services, capital, and labor across national boundaries.
Thus, a United States resident can buy a television set made in China or South Korea, thanks to globalization.
Learn more about globalization at brainly.com/question/25499191
#SPJ1