“What is the phenomenon of globalization…? Fundamentally, it is the closer integration of the countries and peoples of the world which has been brought about by the enormous reduction of costs of transportation . . . and the breaking down of artificial barriers to the flow of goods, services, capital, knowledge, and (to a lesser extent) people across borders.”
Joseph E. Stiglitz, economist, Globalization and Its Discontents, 2002
54. Which of the following earlier trends was most similar to the pattern described in the excerpt?
(A) The development of Atlantic world commerce in the 1600s and early 1700s
(B) The appearance of economic cycles in the early 1800s
(C) The restrictions on immigration in the latter half of the 1800s
(D) The increases in worldwide tariffs during the Great Depression
55. Which of the following contributed most directly to the trend described in the excerpt?
(A) The implementation of protective tariffs by trading nations
(B) The spread of computer technology and Internet use
(C) The growth of labor unions’ economic influence
(D) The increased number and size of cities in the United States
“What is the phenomenon of globalization…? Fundamentally, it is the closer integration…
"What is the phenomenon of globalization...? Fundamentally, it is the closer integration of the countries and peoples of the world which has been brought about by the enormous...
