What change has been attributed to videoconferencing and communication technologies?

The assertion that videoconferencing and communication technologies have created a global marketplace highlights how these tools have fundamentally transformed business and interpersonal communication. By enabling real-time, face-to-face interaction from any location, these technologies break down geographical barriers, facilitating international collaboration and commerce.

Businesses can now operate efficiently across borders, connecting with clients, partners, and teams worldwide as if they were in the same room. This has led to a significant increase in global trade, as companies have the ability to access markets previously deemed unreachable.

Other options, such as maintaining traditional marketplaces or slowing down business processes, do not align with the transformative nature of these technologies. Similarly, the notion that they have reduced internet accessibility contradicts the widespread connectivity that such technologies depend on to function effectively. Hence, the creation of a global marketplace stands out as a direct consequence of these advancements.