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1.1 How can globalization and international economic integration be measured?
Solution
Globalisation refers to the integration of world economies. there are free flows of goods and
services, capital and human resources. Usually, some economists do not count the human
resource free flow as part of globalisation. following factors are used to measure globalisation
and international economic integration:
Though we can draw general idea if we are moving towards the globalisation or retreating, but
we can not measure globalisation in precise numerical term.

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1.1 How can globalization and international economic integration be .pdf

  • 1. 1.1 How can globalization and international economic integration be measured? Solution Globalisation refers to the integration of world economies. there are free flows of goods and services, capital and human resources. Usually, some economists do not count the human resource free flow as part of globalisation. following factors are used to measure globalisation and international economic integration: Though we can draw general idea if we are moving towards the globalisation or retreating, but we can not measure globalisation in precise numerical term.