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Basics of International Business

Quick practice

Question 1 of 5

Assertion (A): Globalisation refers to the procedure through which the domestic companies can enhance their business by selling the product all over the world.

Reasoning (R): This process leads to a decrease in the competition in the world by selling the product at a lower cost.

A

(A) is incorrect but (R) is correct

B

(A) is correct but (R) is incorrect.

C

(A) and (R) are correct and (R) is the correct explanation of (A).

D

(A) and (R) are correct but (R) is not the correct explanation of (A).

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