What is the term given to "The rapid integration or interconnection between countries"? Choose the correct answer from the given options.
Answer & explanation
Correct answer: option 3
Globalization is this process of rapid integration or interconnection between countries. MNCs are playing a major role in the globalization process. More and more goods and services, investments and technology are moving between countries. Most regions of the world are in closer contact with each other than a few decades back.