How does the globalization process affect local workers in developing countries?

It improves job opportunities for all workers equally

It can lead to job losses for some local workers due to competition

It has no impact on local workers

It guarantees higher wages for all workers

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Q1.

Define globalisation and explain how it impacts the Indian economy.

Q2.

Discuss the role of multinational companies in facilitating globalisation through trade and investment.

Q3.

What are some important factors and institutions that facilitate globalisation?

Q4.

Analyse the positive impacts of globalisation on the Indian economy.