Q.______ results from the removal of barriers between national economies to encourage the flow of goods, services, capital and labour.

Globalization is the process of integrating a national economy with the world economy through the freer flow of trade, investment, technology, and information across national borders. Its features include growing world trade, rising Foreign Direct Investment (FDI), expanding operations of multinational corporations, and increased cross-border flow of technology and information. Globalization has given Indian businesses access to larger global markets, foreign capital, and modern technology, and has improved …