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प्रश्न
"Globalisation has shifted power from nation-states to global consumers." Justify the statement.
उत्तर
Globalisation shifts the power to regulate certain activities from governments to international institutions, which are indirectly controlled by multinational companies. When a country is engaged in the business activities of other countries, its government makes agreements with respect to those countries separately. World Trade Organization (WTO) frames rules and regulation for all countries and the governments have to enforce these rules and regulations in their respective countries. Globalisation also compels many governments to change legislations and constitutions to facilitate the private sector. Governments are often compelled to do away with certain rules and regulations which safeguard the rights of working people and the environment.
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संबंधित प्रश्न
Define globalisation. How is it different from internationalisation?
Which of the statements are TRUE about globalisation?
Which of the statements are TRUE about the impact of globalisation?
- Globalisation has been uneven in its impact on states and societies.
- Globalisation has had a uniform impact on all states and societies.
- The impact of globalisation has been confined to the political sphere.
- Globalisation inevitably results in cultural homogeneity.
Which of the statements are ‘True’ about causes of globalisation?
- Technology is an important cause of globalisation.
- Globalisation is caused by a particular community of people.
- Globalisation originated in the US.
- Economic interdependence alone causes globalisation.
Why is it necessary to become a member of WTO?
Distinguish between:
Bilateral and Multi-lateral trade
Distinguish between the following:
Tariff and Non-tariff barriers.
India has certain advantages which make it a favourite outsourcing destination. What are these advantages?
When was WTO established?
Which of the statements are true about the impact of globalisation?
What is the integration between countries through foreign trade and foreign investments by multinational corporations (MNCs)?
With the globalisation of markets, the tastes and preferences of consumers worldwide are ______.
Which of the following points qualifies India to be the favorite spot for outsourcing by various MNCs.?
Presently, How many members are there of World Bank?
Arrange the following in correct sequence.
- South Asian Free Trade Agreement came into force.
- IPKF operation in Sri Lanka.
- India and Bangladesh signed Farakka Treaty.
- India's nuclear test in Pokhran.
Consider the following statement(s) that have contributed to the process of globalisation. Choose the correct statement(s).
______ is all about who gets what, when, where and how.
The impact of Globalisation has not been fair.' Who among the following people has not benefitted from globalization?
Globalization has improved the living structure of ______
What is/are component/s of worldwide interconnectedness?
Which statements are 'true' about globalization?
- Globalization is only about the movement of commodities.
- Globalization does not involve a conflict of values.
- Services are an insignificant part of globalization.
- Globalization is about worldwide interconnectedness.
Consider the following statement(s) that have contributed to the process of globalisation. Choose the correct statement (s)
Consider the following statement (s) about the negative impact of Globalization.
Evaluate any three benefits of globalization.
Which of the following statements is true about globalisation?
