Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
2.1k views
in Economics by (36.9k points)
closed by

How has the liberalisation of trade and investment policies helped the globalisation process?

1 Answer

+1 vote
by (39.1k points)
selected by
 
Best answer

1. Liberalisation of trade and investment policies has helped the globalisation process. 

2. It opened the gates for MNCs to set up and produce and market goods at cheap production costs. 

3. It resulted in greater integration of production and markets across the country. 

4. MNCs are playing a major role in the globalisation process. 

5. More and more goods, services, investments and technology are moving between countries. 

6. Most regions of the world are in closer contact with each other than a few decades back.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...