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Question

_____ is the linkage of nation's markets with global markets.

A
Liberalisation
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B
Privatisation
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C
Globalisation
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D
Systemisation
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Solution

The correct option is C Globalisation
Globalisation refers to the integration of markets in the global economy. Markets where globalisation is particularly common include financial markets, such as capital markets, mone and credit markets, and insurance markets, commodity markets, such as markets for oil, coffee, tin, and gold, and product markets, such as markets for motor vehicles and consumer electronics.

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