CUET Preparation Today
| Which of the following is NOT true of globalisation? |
Globalisation along with free trade can adversely affect the economies of developing countries by not giving equal playing field by imposing conditions which are unfavourable Developed countries are trying to penetrate developing countries but are trying to keep their own markets protected
from foreign products. Both 1 and 2 None of the above |
| None of the above |
| Both 1 and 2 are correct. Globalisation along with free trade can adversely affect the economies of developing countries by not giving equal playing field by imposing conditions which are unfavourable. With the development of transport and communication systems goods and services can travel faster and farther than ever before. But free trade should not only let rich countries enter the markets, but allow the developed countries to keep their own markets protected from foreign products. |
