Out of the following which is NOT a business opportunity generated by globalization?

A low cost labour

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Cheap international transport

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Currency crises

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Less stringent regulation of the business envirornment

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Solution

The correct option is C Currency crises
Currency crises is NOT a business opportunity generated by globalization since globalization can be defined as a process of integration of various economies of world. Globalization involves greater interaction and interdependence among the various nations of global economy.

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