What does the term "Globalisation" imply?

Integration of cultures and identities of several countries

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More competition in the global markets

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Free movement of people

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More mobility of goods and services

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Solution

The correct option is D
More mobility of goods and services

Globalisation is an implication of all these occurrences.

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Similar questions

Choose the most appropriate option.

(i) The past two decades of globalisation has seen rapid movements in

(a) goods, services and people between countries.

(b) goods, services and investments between countries.

(ii) The most common route for investments by MNCs in countries around the world is to

(a) set up new factories.

(b) buy existing local companies.

(iii) Globalisation has led to improvement in living conditions

(a) of all the people

(b) of people in the developed countries

(d) none of the above

Q. Globalisation is free flow of goods, services, capital, labour and _______.

Q. Due to globalization, the of countries increases because of an increase in the production of goods and services.

In the era of globalisation and liberalisation, there are no legal, geographic, socio-cultural, and economic impediments to the free movement of the factors of production across countries.

Q. Statement 1: Many developing countries are shifting towards globalisation. This involves increasing integration of economies in terms of goods and services, ideas, information, and technology.

Statement 2: The presence of multinational corporations is said to have widened the gap between the rich and the poor in developing nations.

Read the statements carefully and choose the correct option below.

What does the term "Globalisation" imply?

The correct option is D More mobility of goods and services Globalisation is an implication of all these occurrences.

The correct option is D
More mobility of goods and services

Globalisation is an implication of all these occurrences.