Question

What are some of the characteristics of globalization?

Answer 1

 I think its 1, 2, and 4.

Answer 2

The first four alternatives apply.

Globalization is a complex economic and social phenomenon, which characterizes a greater connection and dependence between markets. Information and internet technologies make a big contribution to globalization by allowing the whole world to be connected to real-time news. Transnational corporations operate in several countries, with access to the labor force of citizens of other nationalities. With the countries involved in globalization, investors decide where to invest, meaning countries are eligible for foreign investment.

The only alternative that does not make sense is 5, because as production becomes more efficient, costs and rates tend to decrease with globalization, not to increase.