MEDIUM
10th CBSE
IMPORTANT
Earn 100

What was the main channel connecting countries in the past? How is it different now?

Important Questions on Globalisation and the Indian Economy

HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 4 - Globalisation and the Indian Economy>LET’S WORK THESE OUT>Q 2
Distinguish between foreign trade and foreign investment.
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 4 - Globalisation and the Indian Economy>LET’S WORK THESE OUT>Q 3

In recent years, China has been importing steel from India. Explain how the import of steel by China will affect.

(a) steel companies in China.

(b) steel companies in India.

(c) industries buying steel for production of other industrial goods in China.

HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 4 - Globalisation and the Indian Economy>LET’S WORK THESE OUT>Q 4
How will the import of steel from India into the Chinese markets lead to integration of markets for steel in the two countries? Explain.
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 4 - Globalisation and the Indian Economy>LET’S WORK THESE OUT>Q 1
What is the role of MNCs in the globalisation process?
EASY
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 4 - Globalisation and the Indian Economy>LET’S WORK THESE OUT>Q 2
What are the various ways in which countries can be linked?
EASY
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 4 - Globalisation and the Indian Economy>LET’S WORK THESE OUT>Q 3
Globalization, by connecting countries, shall result in what?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 4 - Globalisation and the Indian Economy>LET’S WORK THESE OUT>Q 1
What do you understand by liberalisation of foreign trade?
MEDIUM
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 4 - Globalisation and the Indian Economy>LET’S WORK THESE OUT>Q 2
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.