How does globalization impact the development of local economies?

(1 point)
Globalization often leads to O local economies becoming more specialized, leading to interdependence.
Globalization has led local urban centers to focus on
• primary industries in order to compete on an international scale.
Globalization does not impact
O local economies since it primarily deals with international trade.
Globalization forces local economies to become more
• diverse so that they can remain self-sufficient.
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The correct statement is: Globalization often leads to local economies becoming more specialized, leading to interdependence.