Which of the following has contributed most to the significant increase in world trade since 1990?
A) Increase in world population
B) Advances in communication and transportation that have lowered transportation costs
C) Increases in military spending in every nation
D) Consumers' changing tastes and preferences

Question

Quizplus · Accepted Answer

Advances in communication and transportation that have lowered transportation costs have greatly contributed to the significant increase in world trade since 1990. The ability to transport goods quickly and efficiently across long distances has made it easier for businesses to engage in international trade. Additionally, advances in communication technology have made it easier for businesses to communicate with their international partners and customers, further facilitating global trade. The other choices, including increases in world population, military spending, and consumers' changing preferences, may have played a role in the increase in trade, but they are not as significant as the advances in communication and transportation technology.

Which of the Following Has Contributed Most to the Significant