Question

________ refers to the transfer of assets to another country or the acquisition of assets in that country.

a) Immigration
b) Globalization
c) Offshoring
d) International trade

Answer 1

Globalization refers to the process of integrating governments, cultures, and financial markets through international trade.

Step-by-step explanation:

Globalization refers to the process of integrating governments, cultures, and financial markets through international trade into a single world market. One measure of this is the increased buying and selling of goods, services, and assets across national borders-in other words, international trade and financial capital flows.