Which of the following is a macro factor underlying the trend toward g

QUESTION

Which of the following is a macro factor underlying the trend toward greater globalization?

A. Rise of communism across the globe

B. Increase in nationalization of private organizations

C. Increase in diversity in consumer tastes and preferences

D. Increase in trade regulations across the globe

E. Dramatic developments in information processing and other technologies

ANSWER

E
Two macro factors underlie the trend toward greater globalization. The first is the decline in barriers to the free flow of goods, services, and capital that has occurred since the end of World War II. The second factor is technological change, particularly the dramatic developments in recent years in communication, information processing, and transportation technologies.