MNC stands for
Answer: Multinational Corporation
Process of integration of different countries is called
Globalization was stimulated by
Liberalization does not include
Answer: Introducing quota system
WTO stands for
Answer: World Trade Organization
SEZ stands for
Answer: Special Economic Zone
Globalisation has led to higher standards of living of:
Answer: well-off consumers
Where do MNCs choose to set up production?
Answer: Cheap labour resources
Ford Motors entered the Indian automobile business in collaboration with which Indian manufacturer?
Answer: Mahindra and Mahindra
What is happening with the import of Chinese toys in India ?
Answer: Indian consumers are getting more choice at cheaper rates
Trade between countries:
Answer: determines prices of products in different countries
If tax is imposed on Chinese toys, what will happen?
Answer: Indian toy-makers will prosper
Which out of the following is an example of a trade barrier?
Globalisation has created new opportunities of:
Globalisation has posed major challenges for:
With the growing competition, most employers these days prefer to employ workers:
Fair globalisation would mean:
Organisation which does not facilitable the process of globalization:
In the 2006-07 Budget, the peak rate of custom duty was brought down to : (updated)
IMF commenced its operation in :