Globalisation does not involve ____________.
(a) Reduction of barriers
(b) Free flow of capital
(c) Global mechanism for settlement of economic disputes
(d) Free flow of goods and services
Answer (a) Reduction of barriers
Explanation: Globalisation is a process by which the world is turning out to be progressively interconnected because of enormously expanded exchange and social trade. Globalisation has expanded the production of products and services. Reduction of barriers is not involved in globalisation.