Economics · Globalisation

How does globalisation involve economic interdependence among nations?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1by making developing nations completely dependent on more powerful nations for their survival
2by encouraging countries to make the best use of one another's relative strengths and resources✓
3by building up formal political alliances between countries
4by opening the country's market exclusively to international monopolies

Correct answer

by encouraging countries to make the best use of one another's relative strengths and resources

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