THE EVOLUTION OF INTERNATIONAL TRADE.

The industrial revolutions triggered the world trading system.

• TRUE

• FALSE

The advancements of transportation and communication technologies have helped shape global economic growth for over 200 years.

• TRUE

• FALSE

Industrialization started first inAmericas.

• TRUE

• FALSE

Globalization refers to the expansion of integration and growth.

• TRUE

• FALSE

Political, technological, and structural forces can either facilitate or reverse development of a globally integrated market.

• TRUE

• FALSE

There have been three waves of globalization

• TRUE

• FALSE