Which one of the following statements best describes the meaning of 'Globalisation'?

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KollegeApply · Accepted Answer

Process of rapid integration between countries Explanation: Greater foreign investment and trade have resulted in greater integration of production and markets across countries. Globalisation is the process of rapid integration or interconnection between countries. MNCs are playing a major role in this process. More and more goods and services, investments, and technology are moving between countries.

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