Kizspy | Question: 25
(Choose 1 answer)
The reduction in the average tariff rates on manufactured products since 1950 implies all of the following
except that
A. firms are dispersing parts of their production process to global locations to drive down production costs
and increase product quality.
B. the economies of the world's nation states are becoming more intertwined.
C. nations are becoming increasingly independent of each other for important goods and services.
D. the world has become significantly wealthier since 1950.
