Lesson 3: Global Economy Flashcards
1
Q
_____ refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies
A
Economic globalization
2
Q
Two major driving forces for economic globalization
A
Information
Marketization
3
Q
Have become the main carriers of economic globalization
A
Multinational corporations (MNCs)
