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According to the pendulum view on globalization which of the following statements is true of globalization?

A. It is one directional
B. It is a fairly new concept
C. It exclusively refers to the domination of world markets through MNE's
D. It is the close integration of the countries and peoples of the world

User Aghaux
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Final answer:

According to the pendulum view on globalization, it is the close integration of the countries and peoples of the world.

Step-by-step explanation:

According to the pendulum view on globalization, the statement that is true of globalization is D. It is the close integration of the countries and peoples of the world.

The pendulum view of globalization suggests that it is not one-directional, but rather a back-and-forth process. Globalization involves the integration of countries, cultures, and financial markets through international trade, creating a single world market. This integration leads to the close interconnection of countries and peoples, allowing for the exchange of goods, services, ideas, and cultures.

User Panchu
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