Economies have become increasingly linked through globalisation. What would discourage this?

A.
creation of a single world market
B.
direct foreign investment by multinational companies
C.
expansion of trade in financial services
D.
protectionist policies by trading groups
Economics
IGCSE&ALevel
CAIE
Exam No:0455_s21_qp_12 Year:2021 Question No:28

Answer:

D

Knowledge points:

6.2.1 definition of globalisation
6.2.3 the benefits of free trade:The benefits for consumers, producers and the economy in a variety of countries.
6.2.4 methods of protection:Tariffs, import quotas, subsidies and embargoes.

Solution:

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