Question

Using what you have learned, describe the effect of

communications technology on globalization.
Be sure to mention how communications technology
affects trade.

Answer 1

As the data shows, the number of people with access to cell phones, computers, and the Internet has increased dramatically in the last five years. This has increased the speed of globalization, as more countries are able to do business in countries around the world, even in developing nations. More people buy goods manufactured in foreign lands, and more people are using the Internet to order goods and services. E-commerce has increased dramatically. In China, for example, it has tripled since 2012.

Step-by-step explanation:

THIS IS EDG ANSWER!!!!!!

Answer 2

A phenomenon of interaction and integration among both people and companies all over the world is called globalization.

As information technologies developed, the markets have become connected in real time. As a result, new forms of electronic commerce emerged, such as online shopping. Needless to mention, people nowadays use cell phones and the internet on a daily basis, which only increases the extent of globalization. Companies are now able to expand their business to countries all around the world. E-commerce has increased and is increasing every day, and it has become easier than ever for companies from different countries to collaborate.