Question

Which of the following statements is not correct about globalisation?

• A. Liberalisation works as a catalyst to the process of globalisation.
• B. Globalisation integrates economies across the world.
• C. Globalisation makes foreign capital investment difficult.
• D. Globalisation helps to build better relationships among the countries.

Answer 1

The correct option is C Globalisation makes foreign capital investment difficult.

Globalisation is the process of economic integration and interdependence of nations cross the world. The process of liberalisation works as a catalyst to the process of globalisation. Globalisation facilitates the flow of capital, labour, goods and services, and exchange of technology among the countries. This, in turn, helps in improving relations among them.