Globalization occurs when there is increased economic integration among countries.

Economic Integration

A process whereby countries reduce trade barriers and coordinate monetary and fiscal policies to create a seamless economic region or market.

Familiarize yourself with the influence of globalization on the structure of national labor unions, governance norms, and economic integration processes.

Verified Answer

Final Answer :

True

Explanation :

This is the definition of globalization.

Learning Objectives

Familiarize yourself with the influence of globalization on the structure of national labor unions, governance norms, and economic integration processes.