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Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> What is the integration between countries through foreign trade and investments by multinational companies known as?

A
Nationalization
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B
International trade
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C
Globalization
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D
Foreign investment
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Solution

The correct option is C Globalization
According to the International Monetary Fund, globalization is the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, capital flow, and rapid and widespread diffusion of technology.

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