Question

Question 5 3 pt: Globalization is best described by national boundaries becoming less relevant the demise of democracy within a nation rigid foreign relations policies the fortification of trade barriers o 09 W9 e

Answer 1

The correct option is the 1st one. All other options describe the characteristics of non globalized economies. In Globalization, the world economies can freely trade among themselves without any trade barriers and therefore the geographical boundaries become less relevant and the foreign policies among nations are highly flexible to invite foreign trade. Democracy within the nation doesn't necessarily mean that the economy is open to foreign trade but Democracy helps market economy to flourish, which is necessary for foreign trade and free flow of goods and services, in and out of the economy