Globalization has led nations to join trade organizations in order to:

• A. discourage international investment
• B. increase tariffs on imported goods
• C. limit access to foreign markets
• D. promote free trade and reduce trade barriers

Answer: (D)

Verified step by step guidance

1. Understand the concept of globalization, which refers to the increasing integration and interdependence of national economies through trade, investment, and technology.
2. Recognize that trade organizations (such as the World Trade Organization) are established to facilitate international trade by creating rules and agreements among member countries.
3. Identify the main goals of these trade organizations, which typically include promoting free trade, reducing tariffs and other trade barriers, and encouraging investment across borders.
4. Analyze the options given: discouraging international investment, increasing tariffs, and limiting access to foreign markets are contrary to the goals of trade organizations.
5. Conclude that the correct purpose of nations joining trade organizations is to promote free trade and reduce trade barriers, thereby enhancing economic cooperation and growth.