Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Globalization increases a country's vulnerability to global economic fluctuations. Reason R: Globalization integrates the domestic economy with international markets through the development of global value chains and increased inflow of foreign capital. In the light of the above statements, choose the correct answer from the options given below:

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Economics · Globalization and International Trade

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Both A and R are correct and R is the correct explanation of A

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