Question

Do you agree or disagree with the following statement? Give reasons:

Liberalisation has permitted the use of foreign technology.

Options

• Agree

• Disagree

Answer 1

Yes, I agree with this statement.

Reasons:

1. Liberalisation has allowed the use of foreign technology in high priority industries.
2. The use of foreign technology reduces the cost of production.
3. The use of foreign technology also makes the industries competitive. Thus, liberalisation has permitted the use of foreign technology.