BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reduction of barrier
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Free flow of capital
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Global mechanism for settlement of economic disputes
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Free flow of goods & services
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Detailed explanation-1: -Explanation: Globalisation is a process by which the world is turning out to be progressively interconnected because of enormously expanded exchange and social trade. Globalisation has expanded the production of products and services. Reduction of barriers is not involved in globalisation.
Detailed explanation-2: -A core element of globalization is the expansion of world trade through the elimination or reduction of trade barriers, such as import tariffs.
Detailed explanation-3: -Detailed Solution. The correct answer is Disinvestment of Public Sector equity.
Detailed explanation-4: -Globalisation is the process of rapid integration or interconnection of countries. MNCs are playing a major role in the process of globalisation. More and more goods and services, investments, and technologies are moving between countries. There is one more way in which nations can be connected.
Detailed explanation-5: -The correct answer is Global infrastructure of formal and informal institutional arrangements.