Question

Economic integration was at 10 percent at the beginning of the twentieth century; today, it is approximately 50 percent.

a-True
b-False

Answer 1

Economic integration has increased significantly since the beginning of the twentieth century. Hence, the given statement is (a) true.

Step-by-step explanation:

Economic integration refers to the process of integrating national economies through the removal of trade barriers and the development of closer economic ties. It can be measured as a percentage of a country's GDP that is accounted for by trade.

Based on the provided information, the statement is true. At the beginning of the twentieth century, economic integration was at 10 percent, while today it is approximately 50 percent.

This increase in economic integration can be attributed to advancements in technology, transportation, and communication, which have made it easier for countries to trade with one another and participate in global markets.