_______ refers to the shift toward a more integrated and interdependent world economy

Question

BlackTom AI · Accepted Answer

The question asks: '_______ refers to the shift toward a more integrated and interdependent world economy.'

First, observe that the provided answer indicates 'a. Globalisation' as the correct option.

Since the list of answer choices is not included in the 'answer_options' field, we cannot analyze alternative distractors or explain why they would be incorrect. Nonetheless, we can evaluate the given option in context.

Globalisation (or globalization) is the term used to describe the process by which economies, industries, markets, cultures, and populations become interconnected and interdependent across national borders. This includes increased cross-border trade, investment, technology transfer, and the movement of people and ideas, all of which contribute to a more integrated world economy.

Given the prompt, 'globalisation' directly matches the definition of the broadened, interconnected global economy, making it the appropriate term for this description.

If there were other options, we would compare them against the core features of global integration—cross-border exchange, interdependence of economies, and global value chains—to determine which best fits the concept. Since those alternatives are not shown, the assessment centers on the alignment of 'globalisation' with the described shift.

In summary, the term that best captures the shift toward a more integrated and interdependent world economy is globalisation, as it encapsulates the growth of cross-border economic activity and interconnection across nations.

_______ refers to the shift toward a more integrated and interdependent world economy

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