Answered

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Which statements describe the influence of globalization on most economies? Check all that apply.

- Most countries are increasingly specializing production.
- Most countries are becoming more interdependent.
- Most countries are experiencing unchanging amounts of exports and imports.
- Most countries are increasingly influenced by the foreign sector.
- Most countries are relying less and less on international trade.

Sagot :

GinnyAnsweridn

Final answer:

Globalization impacts economies by increasing specialization, interdependence, and foreign sector influence.


Explanation:

Globalization refers to the process of integrating governments, cultures, and financial markets through international trade into a single world market. It has major impacts on economies. The influence of globalization on most economies includes countries increasingly specializing production, becoming more interdependent, and being influenced by the foreign sector.


Learn more about Globalization and the Economy here:

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