GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The past two decades of globalisation has seen rapid movements in:
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goods, services and people between countries
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goods, services and investments between countries
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goods, services, investments and people between countries
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none of these
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Explanation:
Detailed explanation-1: -In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods.
Detailed explanation-2: -What is the main motive behind the investments of MNCs? (a) The main motive is to increase their assets and earn profits.
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