True - Globalization refers to the increased trade and interactions between countries around the world.
False - All economists do not agree that globalization did not begin until after World War II. Some argue that globalization can be traced back to ancient times, while others point to the colonial era and the growth of international trade during the 19th century.
Europe - The Marshall Plan was enacted to help rebuild Europe after the devastation of World War II.
All of these choices are correct - Free trade encourages trade between nations, reduces the prices of goods, and reduces importing fees.
True - One argument against free trade is that it may result in a monopoly by a foreign company, which can harm domestic industries and reduce competition.
True - Protectionists argue that free trade takes jobs away from the home country because companies will build factories in other countries where labor costs are lower.
All of these factors influence exchange rates in a country - Each country has its own exchange rate that changes depending on a variety of factors, including the amount of imports and exports, the monetary policy of the country, and interest rate changes in the country.