What are the two macro factors that underlie the trend toward greater globalization quizlet?Since World War II, globalization has been driven by two major factors: the decline in barriers to the free flow of goods, services, and capital, and technological change.
Which of the following is a key macro factor that underlies the trend toward greater globalization?Which of the following is a macro factor underlying the trend toward greater globalization? Containerization has revolutionized the transportation business, significantly lowering the costs of shipping goods over long distances.
What are the two main factors of globalization?Factors influencing Globalization are as follows: (1) Historical (2) Economy (3) Resources and Markets (4) Production Issues (5) Political (6) Industrial Organisation (7) Technologies. Globalisation though is basically an economic activity, is influenced by many factors.
What are the two factors which contribute to the rapid spread of globalization?Broadly speaking, economic, financial, political, technological and social factors have paved the way to globalization. Economic factors mainly include lower trade and investment barriers. Expansion of financial sector is also considered an important force of glo- balization.
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