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24-06-2024
Social Studies

Answered

Which of the following is a consequence of globalization?

A. Every nation now takes full responsibility for their environmental issues.
B. The cost of coffee around the world has gone up.
C. Governments now share a common currency.
D. The World Trade Organization was created in 1995.

Answer :

GinnyAnswer GinnyAnswer

24-06-2024

Final answer:

Globalization has led to increased interdependence in trade and economic growth, affecting domestic economies and global issues such as climate change and financial collapses.

Explanation:

Globalization has led to various consequences, including increased global interdependence in trade and economic growth. One consequence of globalization is that the relative well-being of trade partners now plays a critical role in the success of domestic economies, impacting issues like climate change and financial collapses. Additionally, the creation of organizations like the World Trade Organization (WTO) in 1995 has been a significant outcome of globalization.

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