Globalisation is a ___________ concept.

Which of the following are key characteristics of globalisation? 1. Increased interdependence of countries2. Increased transnational migration3. Increased cultural exchanges and contacts4. Increased trade restrictions and tariffs Select the correct option:

Assertion (A): Globalization has widened the wealth inequality gap between and within many countries. Reason (R): Globalization and trade liberalization ensure completely equal distribution of resources across all nations and communities.