Q.2. What was the reasons for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
Q.3. How would flexibility in labour laws help companies?
Q.4. What are the various ways in which MNCs set up or control production in other countries?
Q.6. “The impact of globalisation has not been uniform.” Explain this statement.
Q.7. How has liberalisation of trade and investment policies helped the globalisation process?
Q.8. How does foreign trade lead to integration of markets across countries? Explain with an example.
Q.9. Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reason for your answer.
Q.10. Supposing you find two people. One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these arguments?
Q.12. Match the following.
Q.13. Choose the most appropriate option.