Globalization means integration of ____________.

one domestic enterprise with another domestic enterprises

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one domestic enterprise with international enterprises

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domestic economy with world economy

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domestic trade with the world trade

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Solution

The correct option is C domestic economy with world economy
The term "globalization" means integration of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital, finance and people. Globalization has containing both opportunities and threats for national development.

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Similar questions

Integrating domestic economy with world economy is called ________.

The practice of restricting trade of an economy with other economies in order to allow domestic industries to flourish is called ___.

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