What term describes the increased worldwide trade in agricultural products?

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Prepare for the Farm and Agribusiness Management CDE Test. Utilize multiple choice questions, flashcards, and receive explanations for each answer. Boost your readiness and ace the exam!

The term that best describes the increased worldwide trade in agricultural products is globalization. Globalization refers to the process by which economies, societies, and cultures become integrated through a global network of trade, communication, and technology. In the context of agricultural products, globalization has led to the growth of international markets, allowing countries to export and import a variety of agricultural goods more easily than before.

With the advent of globalization, agricultural producers can access larger markets beyond their local or national boundaries, thus increasing the trade of food products globally. Factors contributing to globalization include advancements in transportation, communications, and trade agreements that facilitate the movement of goods across borders.

The other options, while related to trade and agriculture in certain contexts, do not specifically encapsulate the overarching phenomenon of increased worldwide trade in agricultural products. For example, NAFTA refers specifically to a trade agreement between Canada, Mexico, and the United States, and the WTO (World Trade Organization) facilitates international trade negotiations but does not exclusively refer to the trade of agricultural products. Global expansion is more of a general term that does not capture the specific process of interconnected trade and cultural exchange that globalization entails.

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