Question

please explain what is globalisation in brief with suitable example ​

Answer 1

Globalisation is the process of rapid integration or interconnection between countries .globalisation encourage foreign trade and foreign investment .Under this all Barrier registration on foreign trade are removed. therefore more and more goods and services investments and Technology move between countries ,direct foreign investment increase ,export and import increase.therefore level of production and productivity increase.MNC is the best example of globalisation

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Answer 2

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