- Which one of the following is not a part of a strategy of Globalisation?
A. Free flow of civic amenities
B. Free flow of technology
C. Reduced quantity restrictions on imports
D. Abolition of licensing and permit system
Answers
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Answer:
c)Reduced quantity restrictions on imports
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Answer: D. Abolition of licensing and permit system
Abolition of licensing and permit system are not a part of a strategy for Globalisation
Explanation:
- The contact and integration of people, businesses, and governments around the globe are known as globalization.
- Since the 18th century, globalization has increased due to advancements in communications and transportation technologies.
- The expansion of international trade and the sharing of ideas, beliefs, and cultures are both results of the increase in global relationships.
- The main function of globalization is an economic process of connection and integration that has social and cultural components.
- However, the history of globalization and contemporary globalization both include significant amounts of disagreements and international diplomacy.
- Abolition of the license system helps countries grow as multiple people/ businesses can now participate in the growth of the country.
- It further accelerates the economic integration as well.
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