GENERAL KNOWLEDGE

GK

WORLD GEOGRAPHY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following has helped create a global economy in the present day?
A
The use of high taxes for imports and exports
B
Improvements in technology have made trade easier
C
The creation of one form of currency (money) used to trade
D
The success of the Communist governments in guiding trade
Explanation: 

Detailed explanation-1: -The rapid spread of technology fueled by the Internet has led to positive cultural changes in developing countries. Easier, faster communication has contributed to the rise of democracy, as well as the alleviation of poverty.

Detailed explanation-2: -Electronic commerce, or e-commerce, enabled by information technology, has fueled many changes and created a new economy.

There is 1 question to complete.