Question

Which of the following best describes globalisation?

• A. Increasing international interdependence and trade
• B. Isolating economies from global markets
• C. Reducing international trade
• D. Limiting cultural exchange

Answer 1

Answer:

A. Increasing international interdependence and trade

Globalization is increasing international interdependence and trade. Globalization refers to the growing interconnectedness and integration of economies, societies, and cultures worldwide. Globalization describes the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information