Which of the following is NOT a characteristic of globalization?

Study for the Arizona State University MGT302 International Business Exam. Prepare with flashcards and multiple choice questions, featuring hints and explanations for each. Get exam-ready with ease!

The characteristic that is not associated with globalization is the isolation of local markets. Globalization is fundamentally about increasing interconnectedness among countries through trade, investment, and the movement of people and ideas. This interconnectedness typically leads to greater integration of local markets into the global economy rather than their isolation.

Increased trade and investment foster a more interconnected global economy, as countries engage with each other in commerce. Improved cultural exchange is a direct result of globalization, as ideas, customs, and cultural products are shared across borders. Enhanced technological cooperation reflects another aspect of globalization, where countries collaborate on technological advancements and innovations to improve efficiency and knowledge sharing.

Isolation of local markets runs contrary to the very essence of globalization, which seeks to break down barriers and encourage interaction among diverse economies.

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