Question

Which of the following factors significantly contributes to the process of globalisation? Select the correct options.

1. Expansion of Multinational Corporations (MNCs).
2. Advancements in information and communication technology.
3. Nationalisation and trade barriers.
4. Cross-border movement of people for jobs and education.

Options

• Statements 1 and 2 are appropriate.

• Statements 1, 2 and 3 are appropriate.

• Statements 2, 3 and 4 are appropriate.

• Only statement 3 is appropriate.

Answer 1

Statements 1 and 2 are appropriate. 

Explanation:

Factors contributing to globalization include the expansion of MNCs and advancements in technology, while nationalization and trade barriers hinder it.