Social Sciences, asked by ribikanaik3749, 10 months ago

How does globalization foster interdependence among countries

Answers

Answered by Anshults
20

Globalization

Explanation:

  • The Dependence of nations on other countries for goods and services led globalization as foster interdependence among countries.
  • Globalization further increases economic dependence on goods and services from other countries.
  • Globalization is a product of a large number of firms from different countries fighting with one another for earning competition.

Learn more: Globalization

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Answered by harshitaniranjan45
30

Globalization fosters interdependence among countries because:

1. It increases cross border transactions.

2. It generates international capital flow.

3. It leads to the creation of one worldwide market.

4. It helps in the availability of a single product in many regions

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