ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not likely to be associated with globalisation?
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higher levels of protection against cheap foreign imports
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an increase in exports as a proportion of nations’ gross domestic product (GDP)
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growth in the influence of multinational corporations
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higher rates of economic growth for countries which increase their trade openness
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Explanation:
Detailed explanation-1: -Reduction of barriers is not involved in globalisation.
Detailed explanation-2: -The correct answer is Disinvestment of Public Sector Equity.
Detailed explanation-3: -In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge.
Detailed explanation-4: -The correct answer is option (c) Globalisation is the introduction of restrictions or barriers by the government. Explanation: The statement which is incorrect about Globalization is-(c) Globalisation is the introduction of restrictions or barriers by the government.
There is 1 question to complete.