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Which one of the following is a TRUE statement?
Global Markets
The international trading landscape where goods, services, currencies, and information are exchanged across national borders.
Globalization
The process of integration and interaction among people, companies, and governments worldwide, leading to the global exchange of products, ideas, and cultural practices.
Centre-Periphery Hierarchy
A social or organizational structure where power or importance is concentrated in the center, diminishing outward to the periphery.
Global Markets
Markets that transcend national borders, encompassing international trade, investment, and cooperation, facilitating the exchange of goods, services, and capital across the globe.
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