Choose the most appropriate option.

Globalisation has led to improvement in living conditions
A. of all the people

B. of people in the developed countries.

C. of workers in the developing countries

D. None of the above

“Globalisation is fun.” Elaborate.

What prompts people to move from one country to another?

“A wide-ranging choices of goods are available in the Indian markets.” Support the statement with examples in the context of globalization.

“In a matter of years, Indian markets have been transformed with wide ranging choice of goods.” Support the statement with examples.

Read the passage and answer the questions.

Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs 1,700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling Rs 27,000 cars in the Indian markets, while, 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wants to develop Ford India as a component supplying base for its other plants across the globe.

In what ways will the production of cars by Ford Motors in India lead to interlinking of production?

Choose the most appropriate option.

The most common route for investments by MNCs in countries around the world is to

Fill in the blanks.

WTO was started at the initiative of ………. countries. The aim of the WTO is to……….. . WTO establishes rules regarding ………. for all countries, and sees that………… . In practice, trade between countries is not………. . Developing countries like India have……….., whereas developed countries, in many cases, have continued to provide protection to their producers.

Read the passage and answer the questions.

Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs 1,700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling Rs 27,000 cars in the Indian markets, while, 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wants to develop Ford India as a component supplying base for its other plants across the globe.

Nearly all major multinationals are American, Japanese or European, such as Nike, Coca-Cola, Pepsi, Honda, Nokia. Can you guess why?

What do you understand by globalization? Explain in your own words.

Read the passage and answer the questions.

Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs 1,700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling Rs 27,000 cars in the Indian markets, while, 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wants to develop Ford India as a component supplying base for its other plants across the globe.

Would you say Ford Motors is a MNC? Why?