Which of the following is a characteristic of global economy?
A) Free flow of goods across nations
B) Free flow of capital across nations
C) Free flow of services across nations
D) A global governance perspective
E) Free flow of information and technology
Choose the correct answer from the options given below.
Answer & explanation
Correct answer: option 4
The correct answer is option 4- A, B, C, D and E only.
A truly global economy implies a boundaryless world where there is:
(i) Free flow of goods and services across nations;
(ii) Free flow of capital across nations;
(iii) Free flow of information and technology;
(iv) Free movement of people across borders;
(v) A common acceptable mechanism for the settlement of disputes;
(vi) A global governance perspective.