Question

Reefers to the increasing interdependence of markets and productions in different countries through trade in goods and services, cross border flows of capital,and exchanges of technology

Answer 1

Yes, Globalization is a word used to describes the given statement.

Explanation:

• Globalization refers to the increasing interdependence of markets and productions in different countries through trade in goods and services, cross border flows of capital and exchanges of technology.
• Globalization helps to spread of information, goods and services, technology and jobs across national borders and cultures.
• Corporate nations are get much more benefits from globalization.
• There are three types of globalization.
• They are social globalization, political globalization, economic globalization.
• Among the three types, the given statement is related to economic globalization.

To Learn More...

1.Explain Economic Globalization & International trade?

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2.Effect of globalization in the current era

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