The correct answer is: "Globalization has led to wealth gains and benefits for both producers and consumers".
Economic globalization has involved market integration. Both have possible due to improvements in transport and communications technologies. Many trade barriers have dissapeared and many markets of goods, services and factors of production function at an international or global level.
This scenario has been a source of wealth for developed countries, as the US, whose goods and services are now commercialized all over the world.
