Question

Which of the following has not been a major force increasing globalization in recent decades? A) liberalization of cross-border trade

B) increase in and expansion of technology
C) growing pressure from consumers
D) decreasing prices of natural resources

Answer 1

The correct option that has not been a major force increasing globalization in recent decades is decreasing prices of natural resources. All of the other options have been major forces in increasing globalization: liberalization of cross-border trade, increase in and expansion of technology, and growing pressure from consumers.

Step-by-step explanation:

The correct option that has not been a major force increasing globalization in recent decades is D) decreasing prices of natural resources.

All of the other options have been major forces in increasing globalization:

1. A) Liberalization of cross-border trade: This refers to the removal or reduction of barriers, such as tariffs and quotas, that restrict international trade. The liberalization of cross-border trade has led to increased global trading and economic integration.
2. B) Increase in and expansion of technology: Technological advancements, such as the internet and telecommunications, have greatly facilitated global communication, transportation, and the exchange of information and goods.
3. C) Growing pressure from consumers: Global consumers' demand for a variety of products and services from different countries has driven companies to expand their operations globally to meet these demands.