Choose the most appropriate option.

The most common route for investments by MNCs in countries around the world is to
A. set up new factories.

B. buy existing local companies.

C. form partnerships with local companies.

“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?

Fill in the blanks

Indians buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ____(a)____ Markets in Indian are selling goods produced in many other countries. This means there is increasing ____(b)____ 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 ____(c)____ While consumers have more choices in the market, the effect of rising ____(d)____ and ____(e)____ has meant greater ____(f)____ among the producers.

Choose the most appropriate option.

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

Choose the most appropriate option.

The past two decades of globalization has seen rapid movements in

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.

What is foreign investment? How much did Ford Motors invest in India?

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?