Globalisation describes the shift towards:
A) a world economy dominated by national policies and standards
B) a more integrated and interdependent world economy
C) a world economy where uncertainty can be more effectively managed through multilateral agreements
D) a fairer world that offers greater economic security for all
Correct Answer:
Verified
Q2: Outsourcing is only possible for intermediate manufactured
Q3: The current globalisation wave has been driven
Q4: The globalisation is bringing about homogenization of
Q5: Traditional trade, where a country produces a
Q6: A global value chain shows how an
Q7: The growth of non-equity modes of internationalization
Q8: Technology could be considered as the application
Q9: The international business environment is mostly characterised
Q10: The growth of GVCs has brought changes
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