Q3 of 37 Page 4

What are SEZs?

Special Economic Zones (SEZs) are industrial zones set up by the Government of India to attract foreign investment. These zones have world-class facilities in terms of f electricity, water, roads, transport, storage, etc. The government also allows flexibility in labour laws in these zones to attract investment.


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1

Indian buyers have a greater choice of goods than they did two decades ago. This is due to ………… .

 2

Choose the most appropriate option.

The past two decades of globalization has seen rapid movements in ………….. .


A. goods, services and people between countries.


B. goods, services, and investments between countries.


C. goods, investments and people between countries.

 4

Write a short note on WTO.

 5

Differentiate between foreign trade and foreign investment.