Question : How does globalization affect economic change?
Option 1: By reducing international trade
Option 2: By increasing protectionism
Option 3: By enhancing global economic integration
Option 4: By decreasing foreign investment
Correct Answer: By enhancing global economic integration
Solution : Globalization enhances global economic integration through increased trade, investment, and capital flows, leading to interconnected economies.
Question : What role do International Financial Institutions (IFIs) play in globalization?
Question : Globalization refers to the increasing:
Question : In the context of globalisation, economic liberalization refers to:
Question : What is a key characteristic of economic globalization?
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