Identify which of the following statements is not true about Globalization.
A. Globalisation is the process of rapid integration between countries.
B. It is movement of more and more investments and technology between countries.
C. Globalisation is introduction of restrictions or barriers by the government.
D. It is movement of more and more goods and services between countries.
Answer:C
Identify which of the following statements is not true about Globalization.
A. Globalisation is the process of rapid integration between countries. B. It is movement of more and more investments and technology between countries. C. Globalisation is introduction of restrictions or barriers by the government. D. It is movement of more and more goods and services between countries.
Explanation: Globalisation is the process of rapid integration or interconnection between the countries. Through Globalisation more and more goods, services, greater foreign investments, technology and movement of people are taking place between countries. Globalisation doesn’t call for restrictions or barriers. It rather brings the countries in closer contact with each other.