What has been a trend in global trade since World War II?
(A) Static business environments
(B) Deregulation of financial markets
(C) Increased regulation of labour markets
(D) Reduced flows of direct foreign investment - HSC - SSCE Business Studies - Question 18 - 2007 - Paper 1
Question 18
What has been a trend in global trade since World War II?
(A) Static business environments
(B) Deregulation of financial markets
(C) Increased regulation of labou... show full transcript
Worked Solution & Example Answer:What has been a trend in global trade since World War II?
(A) Static business environments
(B) Deregulation of financial markets
(C) Increased regulation of labour markets
(D) Reduced flows of direct foreign investment - HSC - SSCE Business Studies - Question 18 - 2007 - Paper 1
Step 1
Deregulation of financial markets
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Answer
Since World War II, a significant trend in global trade has been the deregulation of financial markets. This shift has led to increased economic integration and has facilitated the movement of capital across borders. Countries have relaxed restrictions, enabling easier access to financial systems and fostering greater investment opportunities. As a result, global trade has expanded tremendously, reflecting a more interconnected world economy.