Knowee
Questions
Features
Study Tools

Removal of ….......... trade barriers has made the formation of global markets more feasiblea.cross-cultureb.cross-borderc.multi-linguald.interdisciplinary

Question

Removal of ….......... trade barriers has made the formation of global markets more feasiblea.cross-cultureb.cross-borderc.multi-linguald.interdisciplinary

🧐 Not the exact question you are looking for?Go ask a question

Solution

The removal of trade barriers has made the formation of global markets more feasible. This means that restrictions and obstacles that previously limited international trade have been eliminated, allowing for easier cross-border transactions and the establishment of global markets. As a result, businesses can now engage in cross-border trade more easily, expanding their reach beyond their domestic markets. This has also led to increased cultural exchange and interaction, as different cultures and languages come into contact through international trade. Therefore, the correct answer to the question is "b. cross-border."

This problem has been solved

Similar Questions

What is a good example of how trade agreements encourage globalization?Prevention of war and civil strifeIncrease in the national debtIncrease in cultural understandingElimination of cross-border barriers

An argument in favour of imposing higher trade barriers is that they may*1 pointdiscourage foreign trade investmentresult in greater customer choiceencourage more importsprotect important or new industries

The pursuit of opportunities ininternational markets, including thesearch for compelling opportunitiesto engage in cross-border trade, hasbeen part of the fabric of commercefor thousands o

International trade makes markets more competitive.

Creating barriers to trade can lead to which problem?A.Other countries will retaliate by creating their own barriers to trade.B.The country will become overly reliant on foreign countries.C.Domestic businesses will face more competition from foreign companies.D.Consumers will be more likely to buy luxury goods in foreign markets.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.