wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Due to globalization, the of countries increases because of an increase in the production of goods and services.

A
gross domestic product
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
infectious diseases
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
foreign currency reserves
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
travel and tourism
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A gross domestic product
Globalization allows multinational companies to operate in different countries. This increases the production of goods and services or the gross domestic product of the country where it operates. When an excess of goods and services is produced, if any are exported to other countries, the foreign currency reserves also increase.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Some More
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon