New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The tendency of investment funds and businesses to move

    beyond domestic and national markets to other markets around the globe, thereby increasing the interconnection of the world, is known as:
    A Globalization Correct Answer Incorrect Answer
    B Free Trade Correct Answer Incorrect Answer
    C Export Import Dependence Correct Answer Incorrect Answer
    D Cross Border Trade Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Globalization is the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnection of the world. Globalization has had the effect of markedly increasing international trade and cultural exchange.

    Practice Next

    Relevant for Exams: