The volume of world trade in merchandise is growing faster than world GDP. This implies that...

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The volume of world trade in merchandise is growing faster than world GDP. This implies that Select one: O a. the global economy is headed for a large downward correction. O b. the economies of the world's nation-states are becoming more independent from each other. O c. more firms are dispersing their production processes to global locations. O d. the world is becoming poorer. The volume of world trade in merchandise is growing faster than world GDP. This implies that Select one: O a. the global economy is headed for a large downward correction. O b. the economies of the world's nation-states are becoming more independent from each other. O c. more firms are dispersing their production processes to global locations. O d. the world is becoming poorer.

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The detailed answer for the above question is provided below Option C is c... View the full answer