As a result globalization the close relation and interdependence among the countries has formed
A)arms race B)control of human
trafficking
C)bilateral trade D)confined capital
Agreements flow
Answers
The correct answer is (c) Bilateral trade.
Bilateral trade can be defined as a trade agreement between two countries in terms of both goods and services.
Global interpendence refers to the situation in which two countries depend on each other for several goods and services.
Import and export of both goods and services result in high global interpendence.
As a result globalization the close relation and interdependence among the countries has formed © bilateral trade scope.
With aid of globalization, international trade had become quite easy and profitable.
International trading became more dynamic and foreign trade started becoming lucrative.
This process of making money will be a sure way to earn forcing dollar and making GDP higher than ever.