How does the interlinking of production across the world promote globalisation ? Explain.

(i) Globalisation is the process interconnection between countries.

(ii) MNC’s have been looking for locations around the world which would be cheap for their production. Foreign investment by MNC’s in these countries has been rising

(iii) MNC’s setup production jointly with some of the local companies.

(iv) They sell their products across the globe.

(v) A large part of the foreign trade is also controlled by the MNCs.