Question

What is globalisation?

• A. An increase in cultural isolation
• B. Decline in international trade
• C. 3. Integration of economies worldwide
• D. A political alliance between countries

Answer 1

Answer:

C. 3. Integration of economies worldwide

Globalization is the integration of economies worldwide. It involves the increasing interconnectedness of countries through the movement of goods, services, capital, information, and people across borders. 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.