Globalization increases the interdependency of the world's countries. Inflation in one country would most likely____. A. not impact inflation in other countries B. cause deflation in other countries C. result in stagflation in other countries D. relate to inflation in other countries
I think the correct answer from the choices listed above is option D. Globalization increases the interdependency of the world's countries. Inflation in one country would most likely relate to inflation in other countries. This is because products and services are shared by all countries.
