question_answer 1)

Choose the most appropriate option.   (i) The past two decades of globalization has seen rapid movements in (a) goods, services and people between countries. (b) goods, services and investments between countries. (c) goods, investments and people between countries.   (ii) The most common route for investments by MNCs in countries around the world is to (a) set up new factories. (b) buy existing local companies. (c) form partnerships with local companies.   (iii) Globalization has led to improvement in living conditions (a) of all the people (b) of people in the developed countries (c) of workers in the developing countries (d) none of the above  

Answer:

(i) b   (ii) b   (iii) d