Question

What does globalisation primarily involve?

• A. Restricting foreign goods
• B. Isolation of countries from global trade
• C. Integration of the world economy through trade, technology and investment
• D. Decreasing communication between nations

Answer 1

Answer:

C. Integration of the world economy through trade, technology and investment

Globalization primarily involves the integration of the world economy through trade, technology, and investment. Globalization describes the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries.