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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