Business Studies, asked by fiaarsa4827, 11 months ago

What is the role of government an in the process of globalisation?

Answers

Answered by deepbrar35
1

There..is no..doubt...that a government..plays a much important..role in the ...process ..of globalisation...

In addition, the role of government refers not only to individual nations, but to... international institutions such as the WTO and the IMF, which serve functions relating to global governance. ... The ability of governments to prevent or reduce financial crises also has a great impact on the growth of capital flows...

I ..tried ..to do...my..best..it..may.. b..much better...

Answered by Anonymous
45

Answer:

Explanation:

The WTO's aims are to remove barriers to trade in goods, liberalise services and capital flows and facilitate international policies and regulations. The effect of globalisation on trade and investment, foreign exchange and capital markets is that they are linked globally and operating 24 hours per day.

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