Single Answer MCQ
Q-00014367
What role does globalization play in manufacturing?
1
It isolates local industries.
2
It encourages trade and quality competition.
3
It weakens international standards.
4
It restricts export opportunities.
Answer and Solution
Answer
B. It encourages trade and quality competition.
Solution:
The correct answer is 'It encourages trade and quality competition.' Globalization allows local manufacturers to compete internationally, improving quality and promoting trade.
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