Single Answer MCQ
Q-00015741
Which of the following describes 'integration of markets'?
1
Isolated domestic sectors
2
Enhanced connections between different national markets
3
Reduction of foreign trade
4
Complete independence of local industries
Answer and Solution
Answer
B. Enhanced connections between different national markets
Solution:
'Integration of markets' refers to the enhanced connections and interactions between national markets, encouraging trade, investment, and production across borders.
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