1. How would flexibility in labour laws help companies? 1
2. It is a company that owns or controls production in more than one nation. Name it. 1
3. What are the investments made by MNCS called? 1
4. It creates an opportunity for the producers to reach beyond the domestic markets. What does it
refer to? 1
5. Mention one advantage of greater foreign investment and greater foreign trade? 1
6. Would you say Ford Motors is MNC? Why? 1
7. Why does government try to attract more foreign investments? 1
8. Should more Indian companies emerge as MNCs? How would it benefit the people in the
country? 3
9. How is information technology connected with globalization? Would globalization have been
possible without expansion of IT? 3
10. Distinguish between foreign trade and foreign investment. 3
11. How with import of steel from India into Chinese markets lead to integration of markets for steel
in the two countries? Explain. 3
12. What do you think can be done so that trade between countries is more fair? 4
13. Recent studies point out that small producers in India need three things to compete better in
In the market : 4
(a) Better roads, power, water, raw materials, marketing and information network.
(b) Improvements and modernization of technology.
(c) Timely availability of credit at reasonable interest rates.
(i) Can you explain how these three things could help Indian producers?
(ii) Do you think MNCs will be interested in investing in these? Why?
(iii) Can you think of any other step that the government could take?
14. Fair globalization would create opportunities for all and also ensure that the benefits of
globalization are better shared. What role government can play in making this possible? 4
Due to paucity of time all your queries could not be rsolved:
9) The developments in information and communication technology has been changing rapidly. Telecommunication facilities (tele- graph, telephone including mobile phones, fax) are used to contact one another around the world, to access information instantly, and to communicate from remote areas. This has been facilitated by satellite communication devices. Computers have ventured into the amazing world of internet, where one can obtain and share information on almost anything. It also allows us to send instant electronic mail (e-mail) and talk (voice-mail) across the world at negligible costs.
10) follow this link: