Globalization creates greater ______________.

• A. barriers to international trade
• B. reduction in market competition
• C. interdependence among nations
• D. isolation of economies

Answer: (C)

Verified step by step guidance

1. Understand the concept of globalization: it refers to the process by which businesses, cultures, and economies become integrated and interlinked on a global scale.
2. Recall the effects of globalization on international trade and economies, such as increased trade flows, cultural exchange, and economic cooperation.
3. Analyze each option in the context of globalization: globalization typically reduces barriers to trade rather than creating them, and it increases rather than reduces market competition.
4. Recognize that globalization leads to greater interdependence among nations because countries rely more on each other for goods, services, and resources.
5. Conclude that the correct completion of the sentence is 'interdependence among nations' as it best captures the essence of globalization's impact.