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2 May, 10:44

Which of the following statements is true of global economic integration?

It leads to war among trading countries.

It facilitates equal distribution of benefits.

It stimulates the economic growth of countries.

It allows discrimination among trading countries.

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  1. 2 May, 12:52
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    The true statement about the global economic integration is:

    It stimulates the economic growth of countries.

    Explanation:

    Global Economic Integration:

    An economic phenomenon which allows countries from all over the world to follow same trading and economic rules so that everyone has the opportunity to expand its trade beyond its border. It is intended towards removing the economic barriers and its boost up the relations between the countries.

    So it is true that global economic integration stimulates the economic growth of countries as it result in the marketing competition which leads to the low buying price of the products. It doesn't foster war among nations rather it boost friendly relationships between them. It doesn't allow discrimination as they make such a policy in which they make sure that everyone get the maximum advantage out of it. It doesn't facilitate equal distribution of benefits as the country that has good quality and better price will enjoy more benefits than the other as it leads to the fair competition among the nations.
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