Multiple choice

Among the following, which best defines globalisation?

  1. Growth of the same product market

  2. Growth of a single unified world market

  3. Growth of market share of every product

  4. Growth of financial market
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Globalization fundamentally means the emergence of a single integrated world market where goods, services, capital, and technology flow freely across borders. It's not about specific products or just financial markets - it's the unification of national markets into one global marketplace.

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