Single Answer MCQ
Q-00045537
What is globalisation?
1
The process of isolation of countries
2
Integration of markets and production worldwide
3
Increase in regulation of trade
4
Complete independence of national economies
Answer and Solution
Answer
B. Integration of markets and production worldwide
Solution:
Globalisation refers to the integration of markets and production across countries, which enhances trade and investment flows. The other options describe the opposite of globalisation or misconceptions about it.
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