Final answer:
The early 1990s global economic trends are best described by a. liberalized economic laws and rising international investment, accelerated by globalization, and increased international trade due to the end of the Cold War and the shift from communism to market economies.
Step-by-step explanation:
The best description of global economic trends in the early 1990s is liberalized economic laws and rising international investment. During this period, the end of the Cold War played a significant role in setting the stage for changes in the global economy. The dissolution of the Soviet Union and subsequent economic changes signaled the end of communism and moved towards capitalistic economies. The early 1990s saw the commencement of large-scale economic transformations where nations were moving towards privatization, deregulation, and increased foreign investment. Mikhail Gorbachev's policies in the Soviet Union steered away from strict communism by allowing economic reforms, which, coupled with the globalization trend, led to increased international trade and financial capital flows.
Furthermore, globalization accelerated during this period, with improvements in transportation, communication like the development of the internet, and liberal policies supporting this growth. Economic liberalization policies in many countries, such as China and former Soviet nations, attracted transnational corporations seeking new markets for their goods and services. The international trade landscape was also shaped by reduced tariffs and free movement of capital across national borders. These changes contributed to the intertwining of world economies, laying the foundation for the connected global economy we experience today.