Answer:
- Multinational enterprises.
Explanation:
The pendulum view of globalization describes as the view that implies that globalization is a multi-dimensional process and it does not move in one specific direction. This view asserts that 'multinational enterprises' existed for a period of more than two millennia which offered the world to become an allied place. The 'earliest traces which were discovered in Phoenician as well as Assyrian and Roman times' implies that it does not move in a specific direction and allows an inter-connectivity among the entire world. Therefore, 'multinational enterprises' is the answer.
