Which situation has become more common as a result of globalization?
A. Commercial banks making risky loans to businesses
B. Central banks directing monetary policy for countries
C. Consumers buying goods from other countries
D. Governments raising taxes on imported products
SUBMD

Globalization is the process of interaction and integration among people, businesses, countries etc. on international level.

It is the growing interdependence of the world's economies, cultures, and population that is brought about by cross-border trade in goods, services, technology etc.

The common result of the globalization is that government start raising taxes on the imported goods.

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Which situation has become more common as a result of globalization? A. Commercial banks making risky loans to businesses B. Central banks directing monetary policy for countries C. Consumers buying goods from other countries D. Governments raising taxes on imported products SUBMD

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What is globalization?

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Which situation has become more common as a result of globalization?
A. Commercial banks making risky loans to businesses
B. Central banks directing monetary policy for countries
C. Consumers buying goods from other countries
D. Governments raising taxes on imported products
SUBMD