Economic globalization is the increasing economic ______ of national economies across the world through a rapid increase in cross-border movement of goods, services, technology, and capital. Whereas the globalization of business is centred around the ________ of international trade regulations as well as tariffs, taxes, and other impediments that suppresses global trade, economic globalization is the process of increasing economic integration between countries, leading to the emergence of a global marketplace or a single world market.

I. Interdependence

II. Rivalry

III. Diminution

IV. Tyranny

V. Specious