Web1 okt. 2024 · 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. Answer: (a) Chinese companies may find it difficult to compete with the import. Web24 okt. 2024 · Globalisation has helped to raise the living standard of many families in the developing countries. For instance, globalisation has created over 250 million job opportunities to the Chinese (Ritzer 2011). Moreover, it has enabled the Indian government to minimise poverty level in the country.
Benefits of globalisation to India - Knowledge Tank
Web28 apr. 2009 · Colombia went from 50% to around 13%. We observed big increases in trade flows as a result. Economic growth is the main channel through which globalization can affect poverty. What researchers have found is that, in general, when countries open up to trade, they tend to grow faster and living standards tend to increase. Web4 apr. 2024 · globalization, integration of the world’s economies, politics, and cultures. German-born American economist Theodore Levitt has been credited with having coined … im warping here chords
China and globalization: 40 years of Reform and Opening-up and ...
Web25 okt. 2013 · Globalization has benefited an emerging “global middle class,” mainly people in places such as China, India, Indonesia, and Brazil, along with the world’s top 1 … Web11 jul. 2024 · It refers to the globalisation which creates opportunities for all and ensures that its benefits are better shared. (a) Privatisation (b) Special Economic Zones (SEZs) (c) World Trade Organisation (WTO) (d) Fair globalisation Answer Globalisation MCQ Question 13. An MNC is a company that owns or controls production in (a) one country Web3 sep. 2024 · Thus, we can say that the impact of globalisation has not been uniform. Question 6. How can trade between countries be made more fair? Explain five measures. OR Suggest any five measures to make globalisation just and fair. Answer: We have seen that everyone has not benefited from globalisation. dutch delight