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The past two decades of globalisation has seen rapid movements in:
- a)goods, services and people between countries
- b)goods, services and investments between countries
- c)goods, investments and people between countries
- d)none of these
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
The past two decades of globalisation has seen rapid movements in:a)go...
Globalisation has been a significant phenomenon over the past two decades, resulting in rapid movements of goods, services, and investments between countries. The correct answer is option B, which involves the movement of goods, services, and investments between countries.
Goods
Globalisation has led to the movement of goods between countries, which has been facilitated by advancements in transportation and communication technologies. Companies are now able to produce goods in one country and sell them in another, which has led to increased competition and access to a broader range of products for consumers.
Services
Globalisation has also resulted in the movement of services between countries. This has been made possible by the growth of the internet and other technologies that allow for the delivery of services remotely. Companies can now provide services to customers in different countries, which has led to increased competition in the service sector.
Investments
Globalisation has also resulted in the movement of investments between countries. Companies can now invest in other countries, which has led to increased capital flows and economic growth. This has also led to increased competition between countries to attract foreign investment.
Conclusion
In conclusion, globalisation has resulted in rapid movements of goods, services, and investments between countries. This has been facilitated by advancements in technology and has led to increased competition and access to a broader range of products and services for consumers. Option B, which involves the movement of goods, services, and investments between countries, is the correct answer.
Goods
Globalisation has led to the movement of goods between countries, which has been facilitated by advancements in transportation and communication technologies. Companies are now able to produce goods in one country and sell them in another, which has led to increased competition and access to a broader range of products for consumers.
Services
Globalisation has also resulted in the movement of services between countries. This has been made possible by the growth of the internet and other technologies that allow for the delivery of services remotely. Companies can now provide services to customers in different countries, which has led to increased competition in the service sector.
Investments
Globalisation has also resulted in the movement of investments between countries. Companies can now invest in other countries, which has led to increased capital flows and economic growth. This has also led to increased competition between countries to attract foreign investment.
Conclusion
In conclusion, globalisation has resulted in rapid movements of goods, services, and investments between countries. This has been facilitated by advancements in technology and has led to increased competition and access to a broader range of products and services for consumers. Option B, which involves the movement of goods, services, and investments between countries, is the correct answer.
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The past two decades of globalisation has seen rapid movements in:a)goods, services and people between countriesb)goods, services and investments between countriesc)goods, investments and people between countriesd)none of theseCorrect answer is option 'B'. Can you explain this answer?
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