Question

What is globalization?

Answer 1

Explanation:

Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.

Answer 2

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• Globalization refers to the integration of various economics of the world by removing of strictpolicies in regard to the import and export of goods and services and foreigndirect investment.

• Globalization involves greater interaction and interdependence among the various nations of the global economy which makes the market very vast and competitive.

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