Match the following. Term Meaning 1. Globalisation a. Process of reducing or removing restrictions on international trade. 2. Privatisation b. Process of interaction and integration among the people, companies and government of different nations. 3. Liberalisation c. transfer of a business, industry, or service from public to private ownership and control
1-b, 2-c, 3-a
Globalisation is the interaction and integration among people, companies and governments of different nations — matches b.
Privatisation is the transfer of a business, industry or service from public to private ownership and control — matches c.
Liberalisation is the reduction or removal of restrictions on international trade — matches a.
Hence the correct matching is 1-b, 2-c, 3-a.
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