Q. 124.4( 5 Votes )

The emerging economies of China and India have great potential to challenge the unipolar world. Do you agree with the statement?

Substantiate your arguments.

Answer :

It is true that the emerging economies of China and India have great potential to challenge the unipolar world because of the following reasons-


• India and China are both emerging strong economies of the world and have broken their economy from stagnancy.


• Both the countries are popular and preferred centers for foreign direct investment from all over the world.


• China has large reserves of foreign exchange. India, too, has an economy with a strong reserve of foreign exchange.


• India and China have adopted similar policies at the global level too to deepen integration with the world economy to challenge the unipolar world.


• Special Economic Zones have been created in both these countries promoting greater international trade.


Therefore, it would not be wrong to say that India and China have great potential to challenge the unipolar world.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Elastic CollisionElastic CollisionElastic Collision45 mins
Getting into the world of coliisionsGetting into the world of coliisionsGetting into the world of coliisionsFREE Class
Interactive Quiz on CollisionsInteractive Quiz on CollisionsInteractive Quiz on Collisions51 mins
Microsporogenesis & MegasporogenesisMicrosporogenesis & MegasporogenesisMicrosporogenesis & Megasporogenesis49 mins
Meselson and Stahl experimentMeselson and Stahl experimentMeselson and Stahl experiment49 mins
NEET 2021 | Transcription - An important TopicNEET 2021 | Transcription - An important TopicNEET 2021 | Transcription - An important Topic62 mins
DNA FingerprintingDNA FingerprintingDNA Fingerprinting42 mins
Interactive Quiz on Sexual Reproduction in flowering plantsInteractive Quiz on Sexual Reproduction in flowering plantsInteractive Quiz on Sexual Reproduction in flowering plants44 mins
Pedigree chartPedigree chartPedigree chart58 mins
Medelian disorder series: Thalassemia, Sickle cell anaemia & PhenylketonuriaMedelian disorder series: Thalassemia, Sickle cell anaemia & PhenylketonuriaMedelian disorder series: Thalassemia, Sickle cell anaemia & Phenylketonuria60 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses