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What is a negative impact of globalisation on small Indian manufacturers?

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Question

What is a negative impact of globalisation on small Indian manufacturers?

Options

  • Increased government support

  • Better access to technology

  • Expansion in domestic markets

  • Increased competition from imported goods

MCQ
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Solution

Increased competition from imported goods

Explanation:

Cheap imported goods negatively affect local manufacturers, as with the Indian toy industry facing competition from imports.

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