Answer:
I and II
Step-by-step explanation:
Democratization led to the decolonization of the European colonies in Africa, Asia, and the rest of the world. As colonialism declined, so did the imperialism of the 18th and 19th Centuries that had been characterized by conquests of other nations that were later occupied and exploited.
Free trade and Pan-nationalism increased with an increase in democracy and saw the formation of common markets and pan-national identities like the European Union.