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Match the following items given in column A with those in column B. Choose the correct answer from the options given below.

Matrix:

Column I

Column II
(a)
Technology
(i)
Company that owns or controls production in more than one nation
(b)
Globalisation
(ii)
Connects the markets or integration of markets in different countries
(c)
Foreign Trade
(iii)
Process of rapid integration or interconnection between countries
(d)
Multinational Corporations (MNCs)
(iv)
Stimulated the globalisation process

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a-iv; b-iii; c-ii; d-i

a-i; b-ii; c-iii; d-iv

a-iii; b-i; c-ii; d-iv

a-ii; b-iii; c-i; d-iv

answer is A.

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Detailed Solution

1)      It is very well known that technology stimulated the globalisation process.
2)      The interlinking of countries is known as globalisation. One of the primary factors that have helped this interlinking greatly has been the services of information and communication technology, e.g., telecommunications, computers, the internet, etc.
3)      Foreign trade and investment connect the markets or integrate the needs of different countries.
4)      Multinational corporations (MNCs) own and control the production in more than one country.

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