Question

Select the correct answer from each drop-down menu. Economic globalization refers to the economic of nations resulting from mutual .

Answer 1

The complete question is the following:

Economic globalization refers to the economic 1. _____ of nations resulting from mutual 2. _______.

Options for number 1:

independence

interdependence

isolation

Options for number 2:

trade

hostility

boycott

Answer:

1. interdependence

2. trade

Explanation:

Economic globalization refers to the economic interdependence of nations resulting from mutual trade of goods and services. An example of economic globalization is when a company that makes or assembles automobiles in a country, buy automobile parts from a company placed in another country. Such economic interdependence of nations has resulted in an economic growth on a worldwide scale and have been possible thanks to advances in technology and transportation.