Question

Question 2 of 10

What is one major benefit of globalization?
A. Consumers are able to buy goods from all over the world.
O B. Companies are producing less air and water pollution.
O C. Small businesses have less competition from foreign companies.
OD. Economies around the world no longer deal with inflation.
SUBMIT.

Answer 1

A. Consumers are able to buy goods from all over the world.

Step-by-step explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Hence, one major benefit of globalization is that consumers are able to buy goods from all over the world.

For example, Apple iOS phones and computers are available for purchase all over the world.