Question

how as competition in international markets benefited people in India​

Answer 1

Explanation:

Competition from imported goods has benefited people in India in the following ways :-

• Indian producers have improved their technology and quality to compete with foreign goods. This has benefited the buyers of the goods as well as the producers, who can now conpetete in the world.

• Prices of Indian goods have reduced to match those of foreign goids so buyers of these items have benefited.

• Sone Indain companies have entered into collaboration with the foreign companies and some MNCs have invested in Indian companies, thus benefiting both.

HOPE THIS HELPS YOU :-))

Answer 2

Answer:

Competition in international markets benefited people of India in the following ways:-

• Indian producers have improved their qualities and technologies to compete with foreign goods. This has benefited the buyers of the goods as well as the producers, who can now compete in the World.

• Prices of Indian goods have reduced to match those of foreign goods so buyers of these items are been benefited.

• Some Indian companies hae enterd into collaboration with foreign the companies and some MNCs have invested in Indian companies. Thus, benifiting both.

Hope it helps :-))