What is globalisation? What is the role of MNCs in the globalisation process?

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Globalisation is the process of rapid integration or interconnection between countries.

(i) MNCs are playing a major role in the globalisation process.

(ii) More and more goods and services, investments and technology are moving between countries.

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(iii) Most regions of the world are in closer contact with each other than a few decades back.

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