Why have the MNCs increased their investments in India over the
past 20 years? ‘Barriers on foreign trade and foreign investment were
removed to a large extent in India since 1991’. Justify the statement.
CLASS 10 - GEOGRAPHY - GLOBALIZATION
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After the barriers on foreign trade and foreign investment were removed to a large extent, goods could be imported and exported easily and also foreign companies could set up factories and offices in India. This has led to an increase in trade with different countries. ... Doors of investment opened up for MNCs.
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