Globalization has caused all except
A) Increased dependency between various economies
B) Strengthened economic growth and reduced the possibility of recessions spreading from one economy to another
C) Allowed business to access input markets outside of their home countries
D) Allowed business to access output markets outside of their home countries

Question

Quizplus · Accepted Answer

Globalization has indeed increased dependency between economies (A), allowed businesses to access both input (C) and output markets (D) outside their home countries, enhancing global trade and economic integration. However, it has not strengthened economic growth in a way that reduces the possibility of recessions spreading from one economy to another. In fact, the interconnectedness of global economies means that financial crises and recessions can more easily spread from one country to another, contrary to what option B suggests.

Globalization Has Caused All Except