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Question

Globalisation is identified with __________.

A
internal sector liberalization
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B
external sector liberalization
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C
industrial sector liberalization
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D
none of these
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Solution

The correct option is C external sector liberalization
Globalization is identified with external sector liberalization. Globalization can be defined as the growing interdependence of countries worldwide through increasing volume and variety of cross border transactions in goods and services and also through rapid diffusion of technology.

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