The correct answer is D. All of the above.
Globalization is the process of increasing interconnectedness between countries and people. It is driven by the spread of technologies, ideas, and goods and services. Globalization has led to the removal of restrictions on foreign trade, foreign direct investment, and the flow of factors of production.
Foreign trade is the exchange of goods and services between countries. Globalization has led to the removal of tariffs and other barriers to trade, making it easier for businesses to buy and sell goods and services in other countries.
Foreign direct investment is the investment of money by a company in another country. Globalization has led to the removal of restrictions on foreign direct investment, making it easier for companies to invest in other countries.
The flow of factors of production is the movement of labor, capital, and technology between countries. Globalization has led to the removal of restrictions on the flow of factors of production, making it easier for people, businesses, and governments to move resources between countries.
Globalization has had a significant impact on the world economy. It has led to increased trade, investment, and economic growth. However, it has also led to increased inequality and environmental problems.