Match each current trend in the global economy with one of its economic

effects.

Infrastructure

development

?

Outsourcing in the high-

tech industry

Industrialization

?

Greater mobility of goods

and labor

Increased

communication

?

Improved production and

transportation

Trade

liberalization

?

2

Economic growth in

developing countries

The question is jumbled. The clear question is as following:

Match each current trend in the global economy with one of its economic effects.

A. Infrastructure development - 1. Economic growth in developing countries

B. Industrialization - 2. Outsourcing in the high-tech industry

C. Increased communication - 3. Greater mobility of goods and labor

D. Trade Liberalization - 4. Improved production and transportation

Answer:

A. Infrastructure development - 4. Improved production and transportation

B. Industrialization - 1. Economic growth in developing countries

C. Increased communication - 2. Outsourcing in the high-tech industry

D. Trade Liberalization - 3. Greater mobility of goods and labor

Explanation:

A. Infrastructure development leads to improvement of production and transportation with the goal of sparking economic growth and improvements in quality of life.

B. Industrialization is related to economic growth in developing countries. It is the trend that causes social and economic change that transforms a human group into an industrial society.

C. Increased communication include high-tech manufacturing that improves the communication and data transmission which is directly linked to a country's economy. Digitization is one of the example of this economic trend. it also include development of high-tech commercial computer products such as electron tubes, fiber optics cables, and circuit boards.

D. Trade Liberalization allowed greater mobility of goods and labor across the world. Movement of goods and labors has increased the competition in the market and it is a threat to developing nations as they need to compete with stronger economies in the same market.

Hence, the correct matches are:

A. Infrastructure development - 4.

B. Industrialization - 1.

C. Increased communication - 2.

D. Trade Liberalization - 3.