While the lowering of trade barriers made globalization of markets and

QUESTION

While the lowering of trade barriers made globalization of markets and production a theoretical possibility, which of the following has made it a tangible reality?

A. The advances in communication, information processing, and transportation technologies

B. The rise of communism and the need for independent economies on a global scale

C. The increasing diversity in consumer tastes and preferences worldwide

D. The increasing differences in the material culture the world over

E. The decreasing significance of the World Trade Organization

ANSWER

A
The lowering of trade barriers made globalization of markets and production a theoretical possibility. Technological change has made it a tangible reality