ECONOMICS (CBSE/UGC NET)

ECONOMICS

TRADE EXCHANGE AND INTERDEPENDENCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Everyone should be connected to other countries. True or false?
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -International relations have used globalization to reach its goal: of understanding cultures. International relations focus on how countries, people and organizations interact and globalization is making a profound effect on International relations.

Detailed explanation-2: -The Correct Answer is Globalization is a multi-dimensional phenomenon. Statement 4 is true: Globalisation is a multi-dimensional phenomenon whereby goods, capital, people, knowledge, ideas and culture readily flow across the boundaries. It has economic, material, political, social and cultural manifestations.

Detailed explanation-3: -We live in a world where we are connected with other people – socially, politically, economically and environmentally. Increased trade between countries, the growth of international organisations and changes in transport and communications technology mean that these connections are rapidly increasing.

Detailed explanation-4: -Freedom from discrimination. Right to equality between men and women. Right to life. Freedom from torture. Freedom from slavery. Right to liberty and security of person. Right to be treated with humanity in detention. Freedom of movement. More items

There is 1 question to complete.