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Which event contributed to the spread of globalization, which began in the early 1980s, by opening new markets and reducing hostility towards global capitalism?Group of answer choicesThe establishment of the European UnionThe signing of NAFTAThe fall of the USSR and the end of the Cold WarThe economic reforms in China

Question

Which event contributed to the spread of globalization, which began in the early 1980s, by opening new markets and reducing hostility towards global capitalism?Group of answer choicesThe establishment of the European UnionThe signing of NAFTAThe fall of the USSR and the end of the Cold WarThe economic reforms in China

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Solution

The event that contributed to the spread of globalization, which began in the early 1980s, by opening new markets and reducing hostility towards global capitalism was the fall of the USSR and the end of the Cold War.

Here's a step-by-step explanation:

  1. The Cold War was a period of geopolitical tension between the Soviet

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