Question

How does global trade influence the lives of people worldwide as well as locally?

A) Economic benefits
B) Cultural exchange
C) Environmental impact
D) All of the above

Answer 1

Global trade influences the lives of people worldwide in various ways, including economic benefits, cultural exchange, and environmental impact. Option D All Of the above is correct.

Step-by-step explanation:

Global trade influences the lives of people worldwide as well as locally in multiple ways.

1. Economic benefits: Global trade promotes economic growth by creating job opportunities, increasing income, and expanding markets for goods and services.
2. Cultural exchange: Global trade allows for the exchange of ideas, traditions, and cultural products, fostering diversity and global understanding.
3. Environmental impact: Global trade can have both positive and negative environmental effects, such as increased resource consumption and emissions, as well as the adoption of sustainable practices.

Therefore, the correct answer is D) All of the above.