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Question
The integration of the country with the world economy is called ______.
The integration of the country with the world economy is called ______.
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Solution
The correct option is D Globalisation
The integration of the country with the world economy is called globalization. Globalization can be defined as the growing interdependence of countries
worldwide through increasing volume and variety of cross border
transactions in goods and services and also through rapid diffusion of
technology.Hence, option (D) is the correct answer.
The integration of the country with the world economy is called globalization. Globalization can be defined as the growing interdependence of countries worldwide through increasing volume and variety of cross border transactions in goods and services and also through rapid diffusion of technology.
Hence, option (D) is the correct answer.
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