Question

State whether the following statement is True or False:
Pressures for structural adjustments are a reason for globalisation.

• A. True
• B. False

Answer 1

The correct option is B False

Pressures for structural adjustments are a reason for globalization- this is a false statement.Globalization may be defined as "the growing economic interdependence of countries worldwide through increasing volume and variety of cross border transactions in goods and services and the international capital flows and also through the more rapid and widespread diffusion of technology.Market, cost, competition and government policies are the key drivers of globalization from the following factor