Question

Identify one way in which the adoption of free-market economic policies in the late twentieth century changed global trade

Answer 1

Answer:

Technological boost

Explanation:

In simple words, the concept of free trade and one world one economy incentive the entrepreneurs to produce more effective products as they were able to exploit some whole new markets.

This incentive lead to innovations which further lead to technological changes and promotion on various compress ad products. In between 1990 to 2000, majority of western nations evidenced a major boast in technology in almost all sectors of the economy, the bio technology being the prominent one in this.