Question

How does globalization cause the foreign sector to influence the economy? a. The foreign sector influences how services move between firms and households. b. The foreign sector influences how imports and exports move between firms and households. c. The foreign sector influences how factors of production move between firms and households. d. The foreign sector influences how goods move between firms and households.

Answer 1

B on edge

Step-by-step explanation:

Answer 2

b. The foreign sector influences how imports and exports move between firms and households.

Step-by-step explanation:

The process by which businesses and commerce are influenced by the international scales. It is the process where people from all around the world interact and integrate making the international business and trade easier.

Globalization helps the economy of the country to rise. It helps in creating new forms of technology, communication and transportation among the countries.

It allows the import of raw materials and resources and lower the consumer prices. It affects the imports and exports of the goods and services of a country thus influencing the foreign sector.

Hence the correct option is -- (b).