Final answer:
The assertion that trade has supplanted capital movements as the primary economic driver is false; both international trade and capital movements are significant forces in the contemporary globalized world economy.
Step-by-step explanation:
The statement suggesting that trade has replaced capital movements as the driving force of the world economy is false. Recent decades have indeed witnessed a trend toward globalization, where international trade and financial capital flows have increased substantially. However, this does not negate the significance of capital movements. In fact, the movement towards globalization and trade liberalization since the 1990s has resulted in massive increases in capital mobility, which connects financial markets globally and affects domestic politics and exchange rate regimes.