Question : How does globalization impact markets?
Option 1: It restricts trade to local areas
Option 2: It reduces competition among businesses
Option 3: It increases the interconnectedness of markets
Option 4: It limits the variety of products available
Answer (1)
20th Jan, 2024
Correct Answer: It increases the interconnectedness of markets
Solution : Globalization increases the interconnectedness of markets, leading to greater international trade and exchange of goods and services.
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