The primary flow of goods associated with globalization of consumption is from more developed countries to less developed countries.

Question

Quizplus · Accepted Answer

Globalization has facilitated the flow of goods from more developed countries, where many global brands and high-tech industries are based, to less developed countries, aiming to meet the rising consumer demand in these emerging markets. This trend is driven by the search for new markets and the comparative advantage of developed countries in producing high-value goods and services.

The Primary Flow of Goods Associated with Globalization of Consumption