Multiple choice

Globalization is a term used to describe the process of removal of restrictions on which of the following?

  1. Foreign Trade

  2. Investment

  3. A and B above

  4. None of these

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

Globalization involves removing restrictions on both foreign trade (tariffs, quotas, trade barriers) and investment (FDI regulations, ownership limits). The liberalization of both trade and capital flows allows greater integration of national economies into the global system. Option C correctly captures both dimensions, while individual options only address one aspect.