Which term describes the process of integrating economies across borders, leading to more interconnected markets?

Which term describes the process of integrating economies across borders, leading to more interconnected markets?

• A. Sovereignty
• B. Constitution
• C. Globalization
• D. Grassroot

Answer: (C)

Globalization is the process of integrating economies across borders, creating more interconnected markets through trade, investment, technology, and policy liberalization. This interdependence comes from cross-border commerce, multinational companies, and international financial flows that knit national economies into a single global system. Sovereignty describes a state’s authority over its own territory, not cross-border economic integration. A constitution is the framework of a country’s laws, and grassroots refers to bottom-up community actions, not international market linkage. Thus globalization best describes the situation.

Globalization is the process of integrating economies across borders, creating more interconnected markets through trade, investment, technology, and policy liberalization. This interdependence comes from cross-border commerce, multinational companies, and international financial flows that knit national economies into a single global system. Sovereignty describes a state’s authority over its own territory, not cross-border economic integration. A constitution is the framework of a country’s laws, and grassroots refers to bottom-up community actions, not international market linkage. Thus globalization best describes the situation.