CIMA BA1 · Chapter 3 · Question 9 of 10
Which of the following has been a major driver of globalisation?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Falling transport and communication costs
Explanation
Cheaper transport and rapid, low-cost communications have made it easier for firms to trade, source and operate internationally. Higher tariffs, capital controls and restrictions on foreign investment would all slow globalisation.
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