One of the major positive effects of globalization is:

A. countries developing greater economic self-sufficiency.

B. decreased environmental damage from burning fossil fuels.

C. less economic competition between different countries.

D. economic growth through increased international trade.

Question

29-07-2024
Social Studies

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One of the major positive effects of globalization is:

A. countries developing greater economic self-sufficiency.

B. decreased environmental damage from burning fossil fuels.

C. less economic competition between different countries.

D. economic growth through increased international trade.

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-07-29T12:39:50-04:00

Final answer:

One major positive effect of globalization is economic growth through increased international trade, resulting in benefits such as per capita GDP growth and poverty reduction.

Explanation:

Economic growth through increased international trade is one of the major positive effects of globalization. As nations engage in trade, they can experience real economic benefits by moving resources from less efficient to more efficient employment opportunities. This process can lead to per capita GDP growth and a decrease in poverty levels, contributing to narrowing the wealth gap between nations.

Learn more about Globalization and economic growth here:

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Final answer:

Explanation:

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