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________ refers to the flow of goods and services, capital, knowledge and cultures across country borders.

a. Globality

b. Globalization

c. Repatriation

d. Internationalization

User Jjimenez
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1 Answer

1 vote

Answer: (B) Globalization

Step-by-step explanation:

The globalization is the term which refers to the interaction related to the business worldwide. It is the process where the different types of culture, regional economics and the society integrate by using the efficient trade and communication over the global network platform.

The main benefit of the globalization is that we can easily promote the various types of products and the services globally by using the globalization process.

The following are some advantages of the globalization are:

  • It increase the international trading
  • Lower the overall living cost
  • Providing the high quality of products

Therefore, Option (B) is correct.

User Anthoney
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