Single Answer MCQ
Q-00045592

Which of the following best explains globalisation?

1

The closure of local markets

2

Increased interlinking of economies

3

Isolation of national economies

4

Reduction in worldwide trade barriers

Answer and Solution

Answer

B. Increased interlinking of economies

Solution:

Globalisation refers to the increased interlinking of economies through trade, investment, technology, and other forms of exchange.

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