हिंदी

Effect of Chinese toys on Indian toy market is ______. - Economic Applications

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प्रश्न

Effect of Chinese toys on Indian toy market is ______.

विकल्प

  • no effect

  • making profit

  • suffering from losses

  • none of these

MCQ
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उत्तर

Effect of Chinese toys on Indian toy market is suffering from losses.

Explanation:

Cheap Chinese toys, aided by liberalisation and free trade, flood the Indian market, intensifying competition. Domestic toy-makers, especially small producers, lose market share and incur losses unless protected by import duties, quotas, or supportive policies.

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अध्याय 13: Globalisation - QUESTIONS [पृष्ठ १८०]

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