The economic interdependence among countries which is reflected in the flow of goods, services, financial capital, and knowledge across country borders is defined as:

Question

Quizplus · Accepted Answer

Globalization refers to the increasing interconnectedness and interdependence among countries in terms of economics, politics, and culture. It involves the flow of goods, services, financial capital, and knowledge across national boundaries. This process has been facilitated by advancements in technology, transportation, and communication, making it easier and more cost-effective for businesses and individuals to operate globally.

The Economic Interdependence Among Countries Which Is Reflected in the Flow