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2.1.3 Business and globalisation - Quiz

1. What is globalisation?

The process of local businesses expanding within their own country
The process of increasing interconnection through trade
The reduction of international business activities
The focus on domestic markets over international ones

2. Which of the following is a reason for globalisation?

Improvements in transport and communication
Higher costs of production overseas
Decreased company interest in new markets
Increased trade barriers

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