SSC
GENERAL ECONOMICS
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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: -Furthermore, these factors cover all the four major aspects of globalization i.e. economic, financial, political, social and technological.
Detailed explanation-2: -The correct answer is c) Stringent business environment.
There is 1 question to complete.