The term 'globalisation' is a synonym for the term __________.

Nationalisation

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Liberalisation

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Privatisation

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Internationalisation

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Solution

The correct option is C Internationalisation
The term 'globalization' is a synonym for the term internationalization. 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.

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