Read the given statements and choose the correct option . 1
A. Globalization has been the only way for economic development of a country
B. Regional trade blocks has promoted the process of globalization.
C. Liberalization and privatization has been the main pillars of globalization
D. Trade barriers are good for spreading the benefits of globalization across regions
Answers
all of them are correct I guess except for the first one...did we have to choose the wrong option tho it is the first one..I'm not sure about it I GUESS...
Economic development of the country can be promoted by......
(1)Promote economic growth through innovation.
(2)Strategic immigration reform.
(3)End the war on drugs.
(4)Require unemployed workers to volunteer.
(5)Cut health care costs.
Option “A” is the correct one that is globalization has become the only method for the economic development of the country.
• Globalization has a positive influence on the growth of the economy. Globalization is increasing living standards and reducing extreme insufficiency across the world.
• Globalization aims to advantage individual economies around the world by making markets more well-organized, increasing competition, limiting military fights, and distributing wealth more equally.