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Single Answer MCQ
Q-00045548

Globalisation has led to which of the following economic changes?

1

Decline in international trade

2

Increased interdependence of economies

3

Reduction in investment flows

4

Isolation of markets

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Increased interdependence of economies

Solution:

Globalisation fosters increased interdependence of economies as nations rely on one another for trade and resources, in contrast to the other options suggesting economic withdrawal.

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