Rapid improvement in technology has stimulated the globalization process. Globalisation is the process of rapid integration or interconnection between countries through foreign trade and foreign investments. As a result of greater foreign investment and greater foreign trade, there is greater integration of production and markets across countries. i) l They compete with the local producers directly even after being miles apart, thus integrating the markets. Question 5. ... Globalisation is the process of rapid integration or inter connecting between countries. Rapid integration between countries is known as _____ . shahbazalam987p65ymd shahbazalam987p65ymd 19.01.2019 Globalization has accelerated since the 18th century due to advances in transportation and communication technology. International trade. Thus liberalisation has enabled MNCs to increase their investments in other countries as India. • It is the process of rapid integration or interconnection between countries. Answer: True. It is known as liberalisation. D. Privatisation. MNCs are playing a major role in the process of globalisation. Multinational corporations (MNCs) are playing a major role in the globalization process. ... integration or interconnection between countries is known … 2. 3. MNCs are spreading their production across countries in order to reduce cost and earn higher profits. MNCs play an important role in the globalisation process. Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. Most regions of the world are now in close contact with each other. C. Liberalisation. More and more goods and services, investments and technology are moving between countries. Ans. Answers: Globalisation is the process of rapid integration or interconnection between countries. MEDIUM. Due to which reason the latest models of different items are available within our reach? 4. • More and more goods and services, investments and technology are moving between countries. ... Ans. Globalisation is the process of rapid integration or interconnection between countries. Answer. 3. Globalisation is this process of rapid integration of interconnection between countries. B. Globalisation. Factors that have enabled globalisation • Rapid improvement in technology has been one major factor that has stimulated the globalisation process: (1) Globalisation is the process of rapid integration or interconnection between countries. Most regions of the world are in closer contact with each other than a few centuries back. Ques 2 The past two decades of globalisation has seen rapid ... investments and people between countries. Ans. at global level, also with the influences of other aspects related to cultural and social environment. Globalisation has led to improvement in living conditions: (a) of all the people (b) of people in the developed countries (c) of workers in the developing countries (d) none of the above. 2. Globalization and interdependence between countries Globalization is a process of international integration, and its development is due to increased exchange of products, services, etc. Question 12. A. Answer Globalisation is the process of rapid integration or interconnection between countries. More and more goods and services, investments and technology are moving between countries. Globalization is the process of rapid integration or interconnection between countries. Which is the process of rapid integration or interconnection between countries called Get the answers you need, now! MNCs are playing a major role in the globalisation process. 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