Question

The graph below displays the values of world exports between 1960 and 1993

Which if the following played a significant role in the trend illustrated in this graph?

A. The fall of communism
B. The growing global influence
C. A decline in the standard of living in many developing countries due to political and economic instability
D. Increasing global interdependence resulting from technological innovation and expanded trade agreements

Answer 1

Option D, Increasing global interdependence resulting from technological innovation and expanded trade agreements

Step-by-step explanation:

The relaxation of international trading norms and enhancement of interdependence on each other resulted in export and import of goods and services across international border. This in turn increased the overall good and services production output and sale at global level

Hence, option D is correct