Class 10th Important Question
CBSE 2022-2023
NCERT Social Science
Class 10th Economics CH: 4
CH:4 Social Science, Economics
Important Question for Board class 10th SST CH:4
Important Very Short Answer
Important Question Class 10th SSt Globalisation and the Indian Economy
Foreign investment by MNCs in these countries has been rising. At the same time, foreign trade between countries has been rising rapidly. A large part of the foreign trade is also controlled by MNCs. For instance, the car manufacturing plant of Ford Motors in India not only produces cars for the Indian markets, it also exports cars to other developing countries and exports car components for its many factories around the world. Likewise, activities of most MNCs involve substantial trade in goods and also services. The result of greater foreign investment and greater foreign trade has been greater integration of production and markets across countries.