Question : What is a significant impact of globalisation on international trade?
Option 1: Decrease in trade agreements
Option 2: Increase in trade barriers
Option 3: Growth in global supply chains
Option 4: Reduction in international trade volume
Answer (1)
25th Jan, 2024
Correct Answer: Growth in global supply chains
Solution : Globalization has led to the growth in global supply chains, which has significantly impacted international trade by increasing the volume and complexity of trade flows.
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