Question : What is a consequence of globalization on economic change?
Option 1: Decreased trade barriers
Option 2: Lowered economic growth
Option 3: Increased self-sufficiency
Option 4: Reduced global competition
Correct Answer: Decreased trade barriers
Solution : A consequence of globalisation on economic change is decreased trade barriers, which facilitates the flow of goods, services, and capital across borders, promoting economic integration.
Question : What is a key feature of economic globalization?
Question : What is a psychological effect of discrimination?
Question : What is a key benefit of international trade for developing countries?
Question : What challenge do South Asian countries face due to economic globalization?
Question : What is a positive impact of economic globalization on South Asia?
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