Economics · Economy
How is globalization best described in the Indian context after the 1991 economic reforms?
- 1Limiting foreign capital flows strictly to protect all domestic industries
- 2Integration of domestic markets with the global economy through trade, investment, and technology✓
- 3An inward-looking trade strategy that high tariffs protect local markets
- 4A policy of promoting complete economic self-reliance and isolation
Correct answer
Integration of domestic markets with the global economy through trade, investment, and technology
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