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1.

It is a widespread belief among powerful people that the global integration of economic markets is beneficial for everyone, since it
spreads freedom and democracy across the world.
a. Globalization b. GLOBALISM c. globality
2. It is a system of global trade with multiple restrictions to achieve a favorable trade balance.
a. MERCANTILISM b. Globalism c. Free Trade
3. It is a tax or duty to be paid on a particular class of imports or exports.
a. TARIFF b. Economies of Scale c. Equity Distribution

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