Economics · Globalization Concepts
Which of the following statements is NOT correct about 'Globalisation'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is the process of interaction and integration among people, companies, and governments worldwide
- 2It accelerates the flow of goods, services, capital, and technology across international borders
- 3It inherently guarantees the elimination of socio-economic inequality for all nations✓
- 4It helps to create a borderless world
Correct answer
It inherently guarantees the elimination of socio-economic inequality for all nations
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