11
Question
Integrating domestic economy with world economy is called ________.
Integrating domestic economy with world economy is called ________.
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Solution
The correct option is A Globalisation
Process of integrating
domestic economy with world economy is called globalisation. Globalisation
enables exchange of social, cultural, technological ideas across the
borders. Its effects include access to technology, growth of international
trade, increased employment opportunities, free flow of foreign capital etc.
Process of integrating domestic economy with world economy is called globalisation. Globalisation enables exchange of social, cultural, technological ideas across the borders. Its effects include access to technology, growth of international trade, increased employment opportunities, free flow of foreign capital etc.
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