The advent of containerization has: A. made the economies of the worl

QUESTION

The advent of containerization has:

A. made the economies of the world’s nation-states less intertwined.

B. made moving goods from one mode of transport to another extremely labor-intensive.

C. significantly lowered the costs of shipping goods over long distances.

D. slowed down the globalization of markets and production.

E. increased costs of coordinating and controlling a global organization.

ANSWER

C
Containerization has revolutionized the transportation business, significantly lowering the costs of shipping goods over long distances.