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Question
Define globalisation. How is it different from internationalisation?
Solution
Globalisation signifies integration of the economy of a country with the economies of other countries, i.e. the world economy. It is a process by which the Earth is considered a 'global village' where social and economic interactions are based on interdependence. Internationalism: Internationalisation is a philosophy which believes in the oneness of international community. It is a concept exactly opposite to the philosophy of nationalism which believes in national boundaries. In other words, internationalisation is a broad-based concept based on the notion that all the natural resources should equally be used for the benefit of the international community. Internationalisation also believes in universal brotherhood and international peace.
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