Q3 of 47 Page 62

Choose the correct option.

Globalization, by connecting countries, shall result in

Greater competition among producers. As the producers, from all over the world are competing in similar market arena, this has induced greater competition among them.

More from this chapter

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1

What is the role of MNCs in the globalization process?

 2

What are the various ways in which countries can be linked?

 1

In the above example, underline the words describing the use of technology in production.

 2

How is information technology connected with globalization? Would globalization have been possible without expansion of IT?