Some assert that what we imagine is globalization is more simply the:
A)integration of the former Soviet Union and Eastern Europe into the world economy and political order since 1989.
B)integration of China into the global market since the 1980s.
C)liberalization of U.S.trade to allow more imports since the 1980s.
D)decline of oil prices since the 1970s.
E)rise of the Indian economy.

Question

Quizplus · Accepted Answer

The integration of China into the global market since the 1980s is widely considered one of the primary drivers of what is commonly referred to as globalization. China's massive population and rapid economic growth had a profound impact on global trade, investment, and production patterns. While other factors, such as the liberalization of U.S. trade and the rise of India's economy, have also played a role, the scale and speed of China's integration into the global economy make it the best choice.

Some Assert That What We Imagine Is Globalization Is More