What do you understand by globalisation? Explain in your own words.
How would flexibility in labour laws help companies?
What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
What are the various ways in which MNCs set up, or control production in other countries?
Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?
