Question:
Which one of the following statements best describes the meaning of ‘Globalization’?
Which one of the following statements best describes the meaning of ‘Globalization’?
Updated On: Dec 14, 2024
- Removal of tax barriers on trade
- Providing higher standard of living
- Process of rapid integration between countries
- Taking special steps to attract foreign companies
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The Correct Option is C
Solution and Explanation
Globalization refers to the interconnectedness of countries through trade, investment, technology, and cultural exchange, enabling rapid integration of global economies.
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