Which of the following economists introduced the term 'globalisation'?

J. M. Keynes

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Karl Marx

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Theodore Levitt

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Henry J. Aaron

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Solution

The correct option is C Theodore Levitt
Globalisation refers to the process of integration of countries with the world economy. The term 'globalisation' was introduced by a German–American economist named Theodore Levitt.

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Similar questions

Explain the following terms:

(a) Liberalisation

(b) Privatization

Which of these terms are part of economists' language?

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