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Most of the barriers to international trade have been eliminated through?

Commerce
JAMB 2008

Most of the barriers to international trade have been eliminated through?

  • A. diversification
  • B. globalization
  • C. commercialization
  • D. privatization
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Correct Answer: Option B
Explanation

Globalization is the process by which businesses or other organizations are able to move and exchange human resources, goods, and services, capital, technologies or cultural practices all over the planet. Globalization promotes and increases interactions between different regions and populations around the globe.


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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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