A situation in which all the countries reap the benefits of foreign trade equally is known as

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Internationalisation

Fair globalisation

Liberalisation

Equal globalisation

answer is B.

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Detailed Solution

A situation in which all the countries reap the benefits of foreign trade equally is known as Fair globalisation.
It is the responsibility of the government to make foreign intervention fairer for the people of that country. It protects and supports domestic producers and local sellers through the use of foreign trade and foreign investment. It negotiates fair rules and regulations with the WTO (World Trade Organisation) to economically develop a country. It ensures that policies such as labour laws are strictly followed. Governments can also align with different countries with similar interests to fight against the authority of developed countries in the WTO.

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