The global economy is moving progressively towards a world in which national economies are relatively isolated from each other.

Question

Quizplus · Accepted Answer

The statement is not accurate. The global economy is actually moving towards a world that is increasingly interconnected and interdependent, with countries relying on each other for trade, investment, and technology transfer. This trend is supported by the growth of regional and international trade agreements, the rise of multinational corporations, and the integration of financial markets.

The Global Economy Is Moving Progressively Towards a World in Which