Question

All of the below options are examples of the trends of the globalizing economy besides:

a.) Growing trade and investment across national borders
b.) Increasing use of local suppliers
c.) Popularity of global quality standards
d.) Disintegrating trade barriers through regional trade agreements

Answer 1

All of the options provided are examples of trends in the globalizing economy except for increasing use of local suppliers.

Step-by-step explanation:

All of the options provided are examples of trends in the globalizing economy except for b.) Increasing use of local suppliers.

Globalization involves the growing interconnectedness of nations through increased trade, investment, and the movement of goods and services across national borders. However, one of the trends associated with globalization is the decreasing reliance on local suppliers. As businesses and industries become more globalized, they often seek out more international suppliers to leverage cost advantages and access a wider range of resources.

Therefore, while a, c, and d are examples of trends in the globalizing economy, b does not align with the overall trajectory of globalization and is not a trend observed in the global economy.