Question

Strong pressures for convergence due to a shared history and culture, or the establishment of a trading block where there are deliberate attempts to harmonize trade policies, infrastructure, and regulations have contributed to the rise in which of the following trends?A) Regionalism
B) Globalization
C) Monopolies
D) Nationalism
E) Traditional Practices

Answer 1

Answer:

A) Regionalism

Explanation:

-Regionalism  refers to the idea that countries that are close to each other have a similar identity and shared history that leads to the creation of regional institutions or trading blocks that generate integration between them.

-Globalization  is the process in which people, governments and organizations around the world are more connected.

-Monopolies  are created when an organization is the only one that can provide a product or service in a market.

-Nationalism  is an idea in which people put their nation above all others.

-Traditional Practices refer to behaviors that are common to a specific group or culture.

According to this, strong pressures for convergence due to a shared history and culture, or the establishment of a trading block where there are deliberate attempts to harmonize trade policies, infrastructure, and regulations have contributed to the rise in regionalism.