Question

As a result of globalization the close relationship and interdependence are formed among countries

Answer 1

In economic terms, Globalisation relates to goods, services, technology and data. But in a general sense, it also includes people and governments. Globalisation is a process in which business and organisations operate on an international platform and gain international influence.

Globalisation was fast-forwarded as a result of advances in the fields of transport and communication.

As a result, countries have come closer and relations have mostly improved. However, in the modern world, globalisation necessitates diplomacy and counter measures, as well.