Which of the following statements is true?
A)For most countries, foreign trade is growing much faster than the domestic economy.
B)The portion of each country's economy that is either sold as exports or bought as imports is decreasing.
C)Domestic economies in most of the world are growing faster than foreign trade.
D)Trade is the only form of globalization.

Question

Quizplus · Accepted Answer

Foreign trade is growing at a faster rate than the domestic economy in most countries, driven by globalization, advancements in transportation, and trade agreements that facilitate easier and more efficient cross-border transactions.

Which of the Following Statements Is True