A
The integration of national financial markets through digital currencies
B
The restructuring of global trade along geopolitical alliances leading to trade barriers and protectionism
C
The complete elimination of tariffs across multilateral trading systems
D
The uniform adoption of non-discriminatory international trade rules by all UN nations
Correct answer: (b) The restructuring of global trade along geopolitical alliances leading to trade barriers and protectionism
Explanation
Option B is correct as geoeconomic fragmentation denotes the restructuring of global trade along geopolitical alliances resulting in trade barriers and protectionism. Options A, C, and D describe integration, free trade, or universal rules, which are the opposite of fragmentation.
Same topic · past papers
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