Assertion (A): Globalization has led to increased economic growth and development in many countries.
Reasoning (R): Globalization facilitates greater access to international markets, capital, and technology, thereby stimulating economic activity and fostering development.
 
Choose the correct option from below:

1
Both Assertion and Reasoning are true, and the Reasoning is the correct explanation of the Assertion.
2
Both Assertion and Reasoning are true, but the Reasoning is NOT the correct explanation of the Assertion.
3
Assertion is true, but the Reasoning is false.
4
Assertion is false, but the Reasoning is true.

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