Final answer:
Increased use of tariffs to protect industries is not characteristic of the global economy. Instead, globalization typically involves free trade and the lowering of such trade barriers. Tariffs are generally in opposition to the principles of free movement and open markets embraced by global economies.
Step-by-step explanation:
The question asks which of the listed options is not a characteristic of the global economy. The correct answer is that the increased use of tariffs to protect industries is not characteristic of the global economy. The global economy is defined by factors such as technological progress, the expansion of international trade, and the increased importance of developing countries as sources of revenue growth. It also includes the free movement of goods, services, people, skills, and ideas across borders, as well as improvements in performance standards driven by competition on a global scale. In contrast, tariffs are generally viewed as a barrier to free trade and contrary to the principles of globalization, which promotes open markets for international trade.
Historically, globalization has its roots in early trade but has dramatically increased in recent decades due to advances in technology and communications. Multinational corporations play a significant role in this process as they conduct business globally, often leading to concentrations of wealth and influencing economic trends.