Q7 of 47 Page 72

How has liberalization of trade and investment policies helped the globalization process?

● Easing of rules pertaining to trade and investment has led to increased flow of investment and trade.


● It has promoted further integration among countries.


● Increased globalization has led to greater movement of people across border.


More from this chapter

All 47 →
5

Why do developed countries want developing countries to liberalize their trade and investment? What do you think should the developing countries demand in return?

 6

“The impact of Globalization has not been uniform.” Explain this statement.

 8

How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.

 9

Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.