Question

How globalization affected the India?

Answer 1

Answer:

Globalization increased competition in the Indian market between the foreign companies and domestic companies. With the foreign goods being better than the Indian goods, the consumer preferred to buy the foreign goods. This reduced the amount of profit of the Indian Industry companies.

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Answer 2

Answer:

India has felt globalisation through increase prosperity, partly triggered by increasing trade volume, investment and growth our hypothesis is that trade liberalization has not directly and substantially effect dioxide emission