Question

The increasing economic interdependence brought by globalization undermines which of these the MOST?

I. The power of the capitalist ideology
II. The traditional sovereignty of the nation-state
III. The political stability of newly formed democracies
IV. The ability of international institutions to effect change.

Answer 1

The traditional sovereignty of the nation-state

Globalization is usually criticized by anti-globalist activists and nationalists because it erodes the sovereignty of a nation. The effects of national decisions are increasingly being questioned in an ever increasing global community, which does not go well with traditional nationalists movement.