Which of the following is an example of globalisation?

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Indians consume goods from abroad.

Indians are becoming self-sufficient in terms of the production of goods and services.

Indians moving across different states in domestic territory.

Indians produce a huge amount of agricultural production.

answer is A.

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Detailed Solution

Indians' consumption of goods from abroad is an example of globalization.
Globalization means the free interaction of an economy with the economies of the rest of the world. It is characterized as multinational corporations' integration of countries through foreign trade and foreign investment. It results from an expansion in international trade, immigration from one country to another, the flow of capital across nations, and private and public investments from foreign countries, all of which contribute to globalization.

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