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V s commented 3 year(s) , 3 month(s) ago

Difference between foreign trade and foreign investment.



Foreign Trade Foreign trade is the trade between different countries of the world.
It consists of imports, exports .
The inflow of goods in a country is called impo

...

Asked by Anuj

Feb 10

  • 2 Answers
  • 5 Likes
  • 22615 Views
Rina answered 1 year(s) , 3 month(s) ago

Write about Fair Globalisation?

Fair globalisation means that the benefits of the globalisation must be shared by all equally.

Globalisation has two sides - the positive and the negative. If a balance has to be brought about we sho

...

Asked by Sabu

Mar 13

  • 2 Answers
  • 1 Like
  • 16271 Views
Aruna kumari answered 4 year(s) , 4 month(s) ago

What is the role of MNCs in the globalisation process?

MNCs are playing a major role in the globalisation process.
More and more goods and services, investments and technology are moving between countries.
Most regions of the world are in closer con...

Asked by Anuj

Feb 10

  • 1 Answer
  • 1 Like
  • 11432 Views
Ayush answered 4 year(s) , 2 month(s) ago

What is MNC?

1)Multinational Coorporation is a large company that owns or regulate production across nations.
2)they set up offices and factories where they get favorable factore such as availability of raw material...

Asked by Gaurav

Mar 13

  • 1 Answer
  • 1 Like
  • 7212 Views
Aruna kumari answered 4 year(s) , 5 month(s) ago

Explain the ways in which multinational corprotations have speard their production and interaction with local producers in various cou..

The most common strategy of a Multi National Corporation is to first buy a local company and then to expand production.
Depending on the product MNCs adopt another strategy also. In labour intensive pr

...

  • 1 Answer
  • 0 Like
  • 7029 Views
Aruna kumari answered 4 year(s) , 3 month(s) ago

What are the disadvantages of MNCs?

Government diverts funds to protect MNCs for foreign investment, accumulates infrastructural facilities to them.

Tough competition to indigenous industries

Exploitation of cheap labour in lie

...

Asked by Rujuta

Mar 5

  • 2 Answers
  • 1 Like
  • 7001 Views
Aruna kumari answered 4 year(s) , 2 month(s) ago

How does foreign trade led to the market integration across countries?

For a long time foreign trade has been the main channel connecting countries.
Even as early as the 8th century extensive trade took place between South Asia, including India, and the East and West....

Asked by Theresa

Mar 9

  • 2 Answers
  • 0 Like
  • 6713 Views
Aruna kumari answered 4 year(s) , 3 month(s) ago

Define trade barrier.

A barrier to trade is a government-imposed restraint on the flow of international goods or services. 

Asked by Kiran

Mar 6

  • 2 Answers
  • 2 Likes
  • 5838 Views
Aruna kumari answered 4 year(s) , 2 month(s) ago

How have our markets been transformed in recent years? Explain with examples.

The advent of globalization and the policy of liberalization have opened the market to the world players.The economy of our country has rapidly grown with the onset of LPG (Liberalization, Privatization and Glo...

Asked by Ishita

Mar 9

  • 4 Answers
  • 1 Like
  • 5298 Views
Aruna kumari answered 4 year(s) , 3 month(s) ago

What are the characteristic of 'Special Economic Zone'?

In India, Special Economic Zones Act was passed in 2005 and came into effect in 2006.It was introduced with a view to overcome the problems related to control and clearances, developing infrastructure facili

...

Asked by Rajat

Mar 3

  • 1 Answer
  • 0 Like
  • 4775 Views
Aruna kumari answered 4 year(s) , 3 month(s) ago

What are SEZs?

Special Economic Zones are created to attract foreign investment.

Asked by Anuj

Mar 8

  • 2 Answers
  • 1 Like
  • 4559 Views
Aruna kumari answered 4 year(s) , 4 month(s) ago

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


For a long time foreign trade has been the main channel connecting countries.
The result of greater foreign investment and greater foreign trade has been greater integration of...

Asked by Anuj

Feb 10

  • 1 Answer
  • 0 Like
  • 3446 Views
Aruna kumari answered 4 year(s) , 2 month(s) ago

Give three arguments against globalisation.

MNCs flooded the market with quality products at a cheap price.

Local producer are not able to compete with this and are put to hardship, as their goods do not have a market.

small manufactu

...

Asked by Anuj

Mar 8

  • 2 Answers
  • 0 Like
  • 2955 Views
Aruna kumari answered 4 year(s) , 2 month(s) ago

'The effect of Globalisation has not been uniform’. Explain.

Multi National Companies have increased theirinvestments in India over the past 15 years, MNCs have beeninterested in industries such as cell phones, automobiles,electronics, soft drinks, fast food or servic

...

Asked by Sabu

Mar 14

  • 1 Answer
  • 0 Like
  • 2639 Views
Aruna kumari answered 4 year(s) , 4 month(s) ago

What are the various ways in which countries can be linked?

Besides the movement of goods, services, investments and technology, there is one more way in which the countries can be linked.
This is through the movement of people between countries.
People...

Asked by Anuj

Feb 10

  • 1 Answer
  • 0 Like
  • 2177 Views
Aruna kumari answered 3 year(s) , 11 month(s) ago

What are the essential values generated through SHGs?

Self Help groups in rural areas act as a medium of extending loans to the rural poor.
SHG charge less rate of interest as compared with any other form of rural banking or even those charged by moneylen

...

Asked by Adithyan

Apr 25

  • 1 Answer
  • 1 Like
  • 1959 Views
Aruna kumari answered 4 year(s) , 5 month(s) ago

why was WTO setup?

The WTO was born out of the General Agreement on Tariffs and Trade (GATT), which was established in 1947. A series of trade negotiations, GATT rounds began at the end of World War II and were aimed at reducing...

  • 1 Answer
  • 0 Like
  • 1694 Views
Aruna kumari answered 4 year(s) , 2 month(s) ago

"International trade is an index of a country's prosperity" Explain.

The international trade paces up the process of growth and development in the country, It can be seen as an index of prosperity of the country due the following reasons:

Opening up of an economy...

Asked by Kiran

Mar 8

  • 1 Answer
  • 0 Like
  • 1394 Views
Aruna kumari answered 4 year(s) ago

what are the positive effects f globalisation?can answer pls

The positive effects of globalisation are:
1. Some Indian Companies have gained successful collaborations with foreign companies.
2. Local companies supply raw materials, to these industries hav...

Asked by Navya

May 16

  • 1 Answer
  • 1 Like
  • 1361 Views
Basit answered 5 year(s) ago

What functions does WTO perform?pls explain.

the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and...

Asked by Navya

May 21

  • 1 Answer
  • 0 Like
  • 1273 Views
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