Question

Interaction of domestic economy with the rest of the world economy is termed as ...................?​

Answer 1

Answer:

Process of integrating domestic economy with world economy is called globalisation.

Answer 2

Answer:

globalisation

Process of integrating domestic economy with world economy is called globalisation. Globalisation enables exchange of social, cultural, technological ideas across the borders. Its effects include access to technology, growth of international trade, increased employment opportunities, free flow of foreign capital etc....

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