Select the correct answer from each drop-down menu to complete the following sentence about the effects of economic globalization.

Advances in transportation allow companies to source cheaper raw materials from foreign nations. This decreases the production costs and allows companies to manufacture a higher volume of goods.



Answer :

Final answer:

Globalization and its effects on sourcing cheaper raw materials and manufacturing volume are key components explored in this question.


Explanation:

Advances in transportation have enabled companies to source cheaper raw materials from foreign nations, resulting in a decrease in production costs and an increase in manufacturing volume of goods.


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