Economics · Globalisation
Given below are two statements. Choose the correct option from below: Statement (I): MNCs have been a major force in the globalisation process connecting distant regions of the world. Statement (II): Integration of production and integration of markets is a key idea behind understanding the process of globalisation and its impact.
- 1Statement (I) is false but Statement (II) is true
- 2Statement (I) is true but Statement (II) is false
- 3Both Statement (I) and Statement (II) are false
- 4Both Statement (I) and Statement (II) are true✓
Correct answer
Both Statement (I) and Statement (II) are true
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