"A process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade

Question

2 years ago

11

"A process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade

and investment barriers, advances in telecommunications, and reductions in transportation costs" is the definition of ____________.

Business

1 answer:

liraira [26] · Answer 1 · 2022-03-03T15:18:53+03:00

Answer:

Globalization

Explanation:

Globalization is the seamless exchange of goods, technology, idea, culture, e.t.c across national boundary which is highly facilitated by collapsing or eliminating artificial barriers which hitherto made trade and communication difficult of almost impossible.

Globalization provides a platform for international integration and global connectivity among individuals, firms and government across international boundary.