Q. 7. Name a benefit of globalisation to a consumer in India.
Ans.
Answers
globalization refers to the
Economic globalization is how countries are coming together as one big global economy, making international trade easier. In the late 20th century, many countries agreed to lower tariffs, or taxes on goods that are imported from other countries.
On india's economy
in India the importance on economic basis can be seen that indian products can be exported throughout the world and hence india economy expends
foreign collaboration with other mnc making Indian economy more stronger
for shopkeepers and industrialists
- they can collaborate their products with other companies to expand their products
- they have right to export and import
- national companies can become mnc so that they can gain more money as well as fame
hope it helped
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