What do you understand by globalisation? Explain in your own words. (W) Key concept: Globalisati...

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What do you understand by globalisation? Explain in your own words.
(W)
Key concept: Globalisation
Globalisation is defined as the integration between countries through foreign trade and foreign investments by multinational corporations (MNC). Increase in foreign trade, migration of people from one country to another, the flow of capital finance from one country to another and private and public investments from foreign countries all together conpribute to Globalisation.
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