Which of the following has contributed most to the significant increase in world trade since 1990?
A) Removal of trade barriers
B) Decrease in world population
C) Decreases in income levels
D) Increase in the quantity of natural resources

Question

Quizplus · Accepted Answer

The removal of trade barriers, such as tariffs and quotas, has significantly increased world trade by making it easier and less expensive for countries to import and export goods and services. This has led to increased competition, lower prices, and greater choice for consumers worldwide. The other options, a decrease in world population, decreases in income levels, and an increase in the quantity of natural resources, are not significant factors in the increase in world trade since 1990.

Which of the Following Has Contributed Most to the Significant