Q4 of 31 Page 4

What is meant by ‘fair globalization’?[CBSE 2013]

Fair globalization means that there must be employment generation for everyone and the benefits of globalisation should not be unequally shared.

Explanation: Globalisation has led to developed countries getting more benefits of free trade rather than the developed or under-developed countries.

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Which one of the following is not a characteristic of ‘Special Economic Zone’? [CBSE 2012]

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Which organization lays stress on liberalization of foreign trade and foreign investment? [CBSE 2012 , 2014]

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Name an important barrier on foreign trade. [CBSE 2014]

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What do you understand by the term ‘Foreign Direct Investment’? [CBSE 2015]