Which of the following statements is true about the general implications of globalization?
A) Globalization is inevitable.
B) From a purely economic perspective, globalization is all good.
C) Globalization has no negative impacts on the economies of the developed world.
D) Globalization has reduced the risks associated with global financial contagion.
E) As a result of globalization, a severe crisis in one region of the world can affect the entire globe.

Question

Quizplus · Accepted Answer

Globalization increases interconnectedness, meaning a crisis in one region can have global repercussions.

Which of the Following Statements Is True About the General