Question

which one of the following is not a process associated with globalization? a. interconnectedness facilitated by new technology b. global financial flows c. interdependence of countries in the global economy d. national governments controlling national markets

Answer 1

National governments controlling national markets is not a process associated with globalization.

Step-by-step explanation:

The correct answer is d) national governments controlling national markets. This option does not represent a process associated with globalization. Rather, globalization refers to the integration of governments, cultures, and financial markets through international trade into a single world market. The other options listed, such as interconnectedness facilitated by new technology, global financial flows, and interdependence of countries in the global economy, all represent processes that are associated with globalization.

Answer 2

National governments controlling national markets are not associated with globalization because as the word globalization itself suggests it is around the globe and not restricted to any nation.

Step-by-step explanation:

The option d. National governments controlling national markets is not a process associated with globalization. Globalization is characterized by interconnectedness facilitated by new technology, global financial flows, and the interdependence of countries in the global economy. National governments exerting control over their markets is generally contrary to the trends of globalization, which promotes integration across national borders, increased trade and financial capital flows, and the diminishing role of state borders in economic matters.