Globalization refers to the process by which goods,services,capital,people,and ideas:

Question

Quizplus · Accepted Answer

Globalization refers to the flow of goods, services, capital, people, and ideas across national borders. It is a process that has led to increased interconnectedness and interdependence among countries and regions, as well as the emergence of a global economy and cultural integration. Offshoring and onshoring, joint ventures, and IMF facilitation are factors that may contribute to or be affected by globalization, but they are not the defining elements of the phenomenon itself.

Globalization Refers to the Process by Which Goods,services,capital,people,and Ideas