What event led to significant changes in global trade practices in the late 20th century? 🔊
The event that led to significant changes in global trade practices in the late 20th century was the fall of the Berlin Wall in 1989. This event symbolized the end of the Cold War and the division between East and West, facilitating the reunification of Germany and the expansion of the European Union. The subsequent adoption of free market principles throughout Eastern Europe transformed trade practices, promoting globalization, free trade agreements, and economic integration on a global scale.
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