GENERAL KNOWLEDGE

Detailed explanation-1: -In an interdependent world, nations tend to cooperate more with each other. Some even argue that big wars are less likely to happen because countries need each other. The downside is that nations tend to have less autonomy when it comes to making major decisions.

Detailed explanation-2: -The outbreak of World War I during a period of unprecedented globalization and economic interdependence has often been cited as an example of how economic interdependence fails to prevent war or even contributes to it.

Detailed explanation-3: -Globalization is a by-product of Economic Interdependence. It triggers the spread of technology, products, labor, processes, and jobs all around the world. The cross-border flow of goods, products, and jobs creates international opportunities.