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What is the integration between countries through foreign trade and investments by multinational companies known as?
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What is the integration between countries through foreign trade and investments by multinational companies known as?
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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.
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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