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Globalisation And The Indian Economy

Question 12:

Match the following.

(i)

MNCs buy at cheap rates from small producers

(a)

Automobiles

(ii)

Quotas and taxes on imports are used to regulate trade

(b)

Garments, footwear, sports items

(iii)

Indian companies who have invested abroad

(c)

Call centres

(iv)

IT has helped in spreading of production of services

(d)

Tata Motors, Infosys, Ranbaxy

(v)

Several MNCs have invested in setting up factories in India for production

(e)

Trade barriers

Answer:

(i)

MNCs buy at cheap rates from small producers

(b)

Garments, footwear, sports items

(ii)

Quotas and taxes on imports are used to regu…

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