Multiple choice

____ means integrating the domestic economy with the world economy.

  1. Globalisation

  2. Privatisation

  3. Liberalisation

  4. Disinvestment

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Globalisation refers to the integration of domestic economies with the world economy through increased cross-border trade, investment, and flow of technology and information. It involves removing barriers between national economies and creating a more interconnected global marketplace. Option A correctly defines globalisation as integrating domestic and world economies.