Question

the result of Greater foreign investment in Greater foreign trade has been greater integration of production in market across the countries explain this statement​

Answer 1

Answer:

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Through greater foreign investment and foreign trade, markets and production processes across the world have become more integrated. Companies now no longer concentrate all their production activities in one country. Instead, through foreign investment, they can spread out production in various countries. This leads to the integration of production. Foreign trade integrates markets. Countries need not produce everything within their own borders. Instead, they can import various products from other countries. They can also export their products to other countries.

Answer 2

Answer:

The result of greater foreign investment and greater foreign trade has been greater integration of production and markets across countries. Globalisation is this process of rapid integration or interconnection between countries