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Which of the following are the general characteristics of De-globalization?
  1. Expand and strengthen international trade and economic integration.
  2. Make globalization more inclusive, secure, and sustainable.
  3. Promote trade as a solution to challenges like economic inequality and climate change.
How many of the above statements is/are correct?
  • a)
    Only one 
  • b)
    Only two 
  • c)
    All three 
  • d)
    None
Correct answer is option 'D'. Can you explain this answer?
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Which of the following are the general characteristics of De-globaliza...
Re-globalization vs. de-globalisation:
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Which of the following are the general characteristics of De-globaliza...
De-globalization refers to the process of reducing or reversing economic integration and international trade. It is characterized by a shift towards protectionism, nationalism, and a focus on domestic markets. The correct answer is option 'd' because none of the statements provided accurately describe the general characteristics of de-globalization.

Explanation:

1. Expand and strengthen international trade and economic integration: This statement contradicts the concept of de-globalization. De-globalization is characterized by a reduction in international trade and economic integration. It involves the implementation of protectionist measures such as tariffs, quotas, and trade barriers, which hinder the expansion and strengthening of international trade.

2. Make globalization more inclusive, secure, and sustainable: While this statement may reflect some of the goals and objectives of globalization, it does not align with the concept of de-globalization. De-globalization aims to prioritize domestic interests over global integration, which often leads to a less inclusive, secure, and sustainable global economic system.

3. Promote trade as a solution to challenges like economic inequality and climate change: This statement also does not align with de-globalization. De-globalization tends to prioritize national economic interests over global challenges like economic inequality and climate change. It can lead to a reduction in global cooperation and hinder efforts to address these issues through international trade and collaboration.

In summary, de-globalization is characterized by a reduction in international trade and economic integration, a focus on domestic markets, and the implementation of protectionist measures. It aims to prioritize domestic interests over global integration and can hinder efforts to address global challenges. Therefore, none of the statements provided accurately describe the general characteristics of de-globalization.
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Which of the following are the general characteristics of De-globalization? Expand and strengthen international trade and economic integration. Make globalization more inclusive, secure, and sustainable. Promote trade as a solution to challenges like economic inequality and climate change.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'D'. Can you explain this answer?
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