Which of the following drive growth of international business in digitally interconnected world? A.…
In a digitally interconnected global economy, the growth of international business is driven by strong consumption demand in the Global South (A), the formation of…
Choose your answer
Which of the following drive growth of international business in digitally interconnected world?
A. Strong consumption in global south
B. Dynamic exchange, interest and inflation rates
C. Formation of trade promoting regional groups
D. Regulated capital and portfolio flows
E. Demographic dividend and low cost manufacturing
Choose the most appropriate from the options given below:
Answer and explanation
Correct answer D
In a digitally interconnected global economy, the growth of international business is driven by strong consumption demand in the Global South (A), the formation of trade-promoting regional economic groupings (C), and the demographic dividend coupled with low-cost manufacturing capabilities in emerging economies (E). Regulated capital flows and volatile macroeconomic rates act as barriers rather than growth drivers.
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UGC NET Commerce