Q. 105.0( 2 Votes )

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Answer :

Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ________globalisation______. Markets in India are selling goods produced in many other countries. This means there is increasing _______cooperation______ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _of the availability of raw resources and labor.

While consumers have more choices in the market, the effect of rising foreign trade and foreign investment has meant greater competition among the producers.

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