HARD
10th CBSE
IMPORTANT
Earn 100

What is the role of MNCs in the globalisation process?

Important Questions on Globalisation and the Indian Economy
EASY
10th CBSE
IMPORTANT
What are the various ways in which countries can be linked?

EASY
10th CBSE
IMPORTANT
Globalization, by connecting countries, shall result in what?

HARD
10th CBSE
IMPORTANT
What do you understand by liberalisation of foreign trade?

MEDIUM
10th CBSE
IMPORTANT
Tax on imports is one type of trade barrier. The government could also place a limit on the number of goods that can be imported. This is known as quotas. Can you explain, using the example of Chinese toys, how quotas can be used as trade barriers? Do you think this should be used? Discuss.

HARD
10th CBSE
IMPORTANT
What do you think can be done so that trade between countries is fairer?

HARD
10th CBSE
IMPORTANT
In the above example, we saw that the US government gives massive sums of money to farmers for production. At times, governments also give support to promote production of certain types of goods, such as those which are environmentally friendly. Discuss whether these are fair or not.

HARD
10th CBSE
IMPORTANT
How has competition benefited people in India?

HARD
10th CBSE
IMPORTANT
Should more Indian companies emerge as MNCs? How would it benefit the people in the country?
