Economics · Globalisation and International Trade
Assertion (A): Globalization has led to increased economic growth and development in many countries. Reasoning (R): Globalization facilitates greater access to international markets, capital, and technology, thereby stimulating economic activity. Choose the correct option:
- 1Both A and R are true, and R is the correct explanation of A.✓
- 2Both A and R are true, but R is NOT the correct explanation of A.
- 3A is true, but R is false.
- 4A is false, but R is true.
Correct answer
Both A and R are true, and R is the correct explanation of A.
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