Advertisements
Advertisements
Question
Match the following.
|
(i) |
MNCs buy at cheap rates from small producers |
(a) |
Automobiles |
|
(ii) |
Quotas and taxes on imports are used to regulate trade |
(b) |
Garments, footwear, sports items |
|
(iii) |
Indian companies who have invested abroad |
(c) |
Call centres |
|
(iv) |
IT has helped in spreading of production of services |
(d) |
Tata Motors, Infosys, Ranbaxy |
|
(v) |
Several MNCs have invested in setting up factories in India for production |
(e) |
Trade barriers |
Solution
|
(i) |
MNCs buy at cheap rates from small producers |
(b) |
Garments, footwear, sports items |
|
(ii) |
Quotas and taxes on imports are used to regulate trade |
(e) |
Trade barriers |
|
(iii) |
Indian companies who have invested abroad |
(d) |
Tata Motors, Infosys, Ranbaxy |
|
(iv) |
IT has helped in spreading of production of services |
(c) |
Call centres |
|
(v) |
Several MNCs have invested in setting up factories in India for production |
(a) |
Automobiles |
APPEARS IN
RELATED QUESTIONS
What are the two main ways of generating electricity? How are they different from each other? Explain.
What is globalisation?
"A wide ranging choice of goods are available in the Indian markets." Support the statement with examples in context of globalisation.
Explain the importance of international trade.
Describe the conditions in which markets do not work in a fair manner.
What do you understand by globalisation? Explain in your own words.
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and _____________ has meant greater _______________ among the producers.
Globalisation has led to improvement in living conditions.
Assess any three advantages of globalization.
Answer the following question:
Explain any five effects of globalization.
