Question
The graph below displays the values of world exports between 1960 and 1993.
Which of the following played a significant role in the trend illustrated in this graph?
A.
The fall of communism in Eastern Europe
B.
The growing global influence of oil cartels
C.
A decline in the standard of living in many developing countries due to political and economic instability
D.
Increasing global interdependence resulting from technological innovation and expanded trade agreements
Which of the following played a significant role in the trend illustrated in this graph?
A.
The fall of communism in Eastern Europe
B.
The growing global influence of oil cartels
C.
A decline in the standard of living in many developing countries due to political and economic instability
D.
Increasing global interdependence resulting from technological innovation and expanded trade agreements
Answers
Answered by
GPT-4o mini
The trend illustrated in the graph, which shows the values of world exports from 1960 to 1993, is likely influenced most significantly by:
**D. Increasing global interdependence resulting from technological innovation and expanded trade agreements.**
Throughout this period, there was a notable rise in globalization, characterized by the advancement of technology, improved transportation and communication, and the establishment of various trade agreements that facilitated international trade. This likely contributed to the growth in world exports. The other options may have had impacts, but the general trend of increasing trade during this time aligns most closely with the factors outlined in option D.
**D. Increasing global interdependence resulting from technological innovation and expanded trade agreements.**
Throughout this period, there was a notable rise in globalization, characterized by the advancement of technology, improved transportation and communication, and the establishment of various trade agreements that facilitated international trade. This likely contributed to the growth in world exports. The other options may have had impacts, but the general trend of increasing trade during this time aligns most closely with the factors outlined in option D.