Economics · Globalisation
Which of the following statements about globalisation is INCORRECT?
- 1Globalisation means internationalization of the economy.
- 2Globalisation places emphasis on a market economy.
- 3Globalisation gives rise to international institutions to supervise the economy.
- 4Globalisation tends to perpetuate a parochial culture.✓
Correct answer
Globalisation tends to perpetuate a parochial culture.
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