WTO rules have forced the developing countries to remove: Question 22. (b) Increasing subsidy on fertilisers Question 3. (b) greater competition among producers. It has collaborated with Parakh Foods. Download Class 10 SST Economics Chapter 4 MCQ in PDF format from the below access links and start practicing on a regular basis for better subject knowledge. Producers can sell their products in the markets of their own country as well as in other countries all over the world. (c) WTO There is one more way in which countries can be connected. CBSE Guide Economics-Globalisation class 10 Notes. MNCs provide money and latest technology for production. Students who are searching for NCERT MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers Pdf free download are compiled here to get good practice on all fundamentals. The Economics chapter wise exercise questions with solutions will help you to complete your class work, revise important concepts and get higher marks in Class 10 exams. As a result of it new jobs have been created in developing countries. (a) Terms of Trade Now goods could be imported and exported easily. (c) Than a few centuries back NCERT Solutions for Class 10 Economics Chapter 4- Globalisation and the Indian Economy is provided on this page. Allowing private sector to set up more and more of such industries as were previously reserved for the public sector. If you are a student of class 10 who is using NCERT Textbook to study Social Science (Economics), … Earlier, several developing countries had placed barriers and restrictions on imports and investments from abroad to protect domestic production. All these solutions have been formulated by keeping in mind the latest CBSE guidelines. Download NCERT Books for Class 10 Economics for 2021. After assuring above conditions, MNCs set up factories and offices for production. Answer: (c) Production of services across countries (d) Privatisation. It has put trade barriers to foreign trade and foreign investment. (a) Raw materials Chapter 2: Sectors Of The Indian Economy Chapter 3: Money And Credit Chapter 4: Globalisation And The Indian Economy Chapter 5: Consumer Rights Class 10 Economics NCERT Solutions PDF for free download. For a long time foreign trade has been the main channel connecting countries. (b) Poor countries 12. Answer: (d) Trade barrier What is the Advantage of Class 10 Maths NCERT Solutions Chapter 4 Provided by Vedantu? (a) Foreign companies (a) Production of goods across countries This has led to a deeper integration of national economies into one conglomerate whole. Rapid improvement in technology has been one major factor that has accelerated the ……………………… process. (c) of workers in the developing countries 13. NCERT Solutions for Class 10th: Ch 4 Globalisation and the Indian Economy Economics Social Studies (S.St) Page No: 72 Excercises 1. The books can be downloaded in pdf format. (c) Closeness to the markets in US and Russia (d) None of the above, Answer: (b) By MNCs Twenty years from now, the world will be more globally connected and integrated into one international economy, if this process continues on a fair and equitable basis. Also, in globalisation, the domestic market opens up for foreign companies to invest in them. (b) 1995 It is Ford Motors. Question 12. Answer: (d) Cargill Which one of the following is an example of a trade barrier? (c) Sundrop (b) It sets up factories where it is close to the markets. MNCs have increased their investments in developing countries like India in industries such as cell-phones, automobiles, electronics, soft drinks, etc. 15. (iii) Globalisation has led to an improvement in living conditions 7. NCERT Solutions for class 12 Commerce Economics solved by subject matter experts. (c) of workers in the developing countries The past two decades of globalisation has seen rapid movements in (c) Communication technology (a) The government Understanding Economic Development. (c) Trade (c) In friendly countries People usually move from one country to another in search of better jobs, better income or better education. (iv) None of the above (a) 119 (b) Than a few days back Answer: Question 2: What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Fair globalisation would create opportunities for all, and also ensure that the benefits of globalisation are: [CBSE (CCE) 2012] (b) Shared between the poor (d) None of the above, Question 19. It was organised within countries. Trade and capital flows will increase alongside the mobility of labour. (a) Rich countries 15. This will lead to an increase in the company’s competitiveness. (a) Garments (b) Good location (c) Entrepreneur’s investment Check the below NCERT MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers Pdf free download. NCERT Solution for Class 10 Economics Chapter 5 Consumer Rights Notes for Various board students like cbse, hbse , mp board, rbse and some other boards. These solutions are provided by expert teachers at IndCareer. (a) Medicines 7. Mexico and Eastern Europe have the advantage of: Answer: (a) Milk food (a) 2 years (a) No effect (c) Free trade Thus, the government allowed imports of only essential items such as machinery, fertilizers, and petroleum. (ii) Moral and Social support With the closing of trade, goods travel from one market to another. Foreign trade results in connecting the markets or integration of markets in different countries. Answer: (a) been rising Answer: (b) (ii) and (iii) (c) Multinational companies Question 15. (ii) Government This will occur because liberalisation will get augmented and MNCs will converge with other companies producing the same goods. (b) Organised sector (b) Globalisation Filed Under: CBSE Class 11. Globalisation, by connecting countries, shall result in 149 countries of the world are currently members of the WTO (2006). The largest producer of edible oil in India is: (a) Outside the countries (c) remained the same Rapid integration or interconnection between countries is known as Foreign trade results in connecting the markets or ……………………… of markets in different countries. Download entire book or each chapter in pdf, click on the below links to access books for Economics Class 10 based on syllabus and guidelines issued by CBSE and NCERT. (b) of people in developed countries Markets in India are selling goods produced in many other countries. Here we are providing the solutions to all the chapters of NCERT Economics Class 12 Textbook for the students. Answer: (b) Go beyond the Answer: (c) Not been uniform (d) None of the above. Many projects are going on with the help of foreign investment. Class 10 Social Science notes on Chapter 4 Economics-Globalisation are also available for download in CBSE Guide website. 13. … Chapter 4; Chapter 5; NCERT Books Class 10 Economics PDF for free download. 18. (c) The people (d) None of the above. Question 23. (d) (i) and (iii), 22. Question 9. Answer: (c) Parakh foods (c) And services are produced globally The competition among the producers bring them closer to each other. (а) Remote connection devices Under globalization more and more goods and services, investments and technology are moving between countries. By practicing Class 10 Economics Chapter 4 MCQ with Answers, you can score well in the exam. NCERT Solutions for Class 6, 7, 8, 9, 10, 11 and 12, Formulae Handbook for Class 10 Maths and Science, Listen to Audio Solutions for Globalisation and the Indian Economy. Question 13: Choose the most appropriate option. 6. (c) Trade Barriers (b) Surekh foods (d) 149, 34. (b) 1991 Removing barriers or restrictions set by the government is what is known as liberalisation. NCERT CBSE latest book edition solutions. (c) 4 years Removing barriers or restrictions set by the government is called: [CBSE (CCE) 2012] Explain with an example other than those given here. 1. (d) Free trade, 8. (a) Industrialization China provides the advantage of being a: (b) Are sold in the same country [AI, 2012] China provides the advantage of being a cheap manufacturing location. You can also verify your answers from our provided Globalisation and the Indian Economy Class 10 MCQs Questions with Answers. (b) buy existing local companies. Answer: (c) Unorganised sector MNCs set up production on the basis of the following factors : Availability of skilled and unskilled labour at low costs. [AI, 2012] CBSE Class 10 Economics Chapter 4 Globalisation and Indian Economy NCERT Solutions Globalisation refers to the process of collaboration and integration of government or companies worldwide. Answers to all exercises are provided in details. (c) form partnerships with local companies. Foreign trade results in connecting the markets or integration of markets in different countries. Foreign Trade creates an opportunity for the producers to: Many of the top MNCs have wealth exceeding the entire budgets of the developing country governments. (b) Go beyond the domestic markets Different states are making efforts to attract foreign companies to make an investment in their states and are successful in their mission. (c) Edible oil Many MNCs are making an investment in India in different sectors like insurance banking and food processing. (b) Increasing investment Question 21. MNCs in developed countries place orders for production with small producers of developing countries for various products such as garments, footwear. Answer: (c) Satellite Tax on imports is an example of (iii) MNCs The government reduced taxes on imported goods, and encour­aged investors from abroad to invest in India. Which of the following was the main channel connecting distant countries was: There are 13 questions in the Economics Class 10 Development Chapter. Students can download or check out Economics NCERT Class 10 Solutions in an image format. (a) Tax on Exports 10. (b) Asian Paints CBSE Notes. We have Provided Globalisation and the Indian Economy Class 10 Economics MCQs Questions with Answers to help students understand … (c) Providing employment It has helped production of services across countries. Get access to reliable NCERT Solutions for CBSE Class 10 Economics Chapter 5 Globalisation and the Indian Economy at TopperLearning. (b) Toymaking (b) Tyres 3. Rapid improvement in technology has been major factor that has stimulated the globalisation process. We’ll revert back to you soon. (c) Dairy Products (d) Socialisation, 28. 3. (a) Rapid integration between countries. (a) It owns/controls production in more than one nation. (b) Good area for MNCs (d) Fair globalisation, 40. (d) All of them, 25. NCERT Solutions for Class 10 Economics Textbook. (iii) (d), 1. Question 6: “The impact of globalisation has not been uniform.” Explain this statement. 11. 8. (c) goods, investments and people between countries. Answer: (c) substantial trade in goods and services Answer: (b) Liberalisation The buyers too have a choice between the goods produced in different parts of the world. (c) General Motor Tele communication facilities have been facilitated by remote communication devices. Since investment is made by a foreign country it is called foreign investment. (d) None of the above. (d) Closeness to the markets in the US and Europe. (b) Foreign investment Large MNCs in developed countries place orders for production with small producers. The Indian government, after independence, had put barriers to: It has been rising. Answer: (b) Cheap labour and other resources (a) Raw materials and good food (c) Globalisation (b) Government companies Practise with our expert solutions to find out whether globalisation has benefitted the developing countries or not. The most common route for investments by MNCs in countries around the world is to 6. 3. (b) Cheap labour and other resources (d) Maruti. These products are supplied to the MNCs which sell them under their own brand names to the customers. (a) Mutual investment NCERT Solutions for Class 10 Social Science Economics. (a) Shared between the rich (d) 149, Question 13. (b) Poor countries Barrier on foreign trade and ……………………… investment were removed to a large extent. It has collaborated with Mahindra and Mahindra. (d) Movement of people between countries for jobs, education etc. Tax on imports is an example of ……………………… barrier. (b) Liberalisation NCERT Class 10 Social Science Economics Solutions: Chapter 4-Globalisation and the Indian Economy Part 3 Glide to success with Doorsteptutor material for CBSE : fully solved questions with step-by-step explanation - practice your way to success. 12. NCERT Solutions for class 10 Maths Chapter 4 are given below in PDF form or view online. Tax on imports is an example of export barrier. (d) 10 years, 35. (b) 150 (a) of all the people (a) Globalisation MNCs set up production where it is: World Trade Organisations aim is to liberalise international trade. Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. Students can read these Class 10 NCERT Economics Solutions for Chapter 4 and score well in Board Exams. Until the middle of the twentieth century, production was largely organised: Answer: (d) Trade barriers Both goods and services are produced globally. (a) 18 million (b) Import (d) None of the above, 23. (c) Parakh foods Some MNCs start as an independent entity right from the beginning. (b) Been mixed Question 29. Effect of Chinese toys on Indian toymakers is (b) 19 million Around which year, need for removing barriers on foreign trade and foreign investment in India was felt ? Globalisation does NOT involve which one of the following? (iii) Latest technology for production (c) Where the availability of other factors of production is assured Read the best answers to sore high in your school and board examinations. Some local companies that supply raw materials to MNCs have also benefited. (1) The government had put restrictions on the import of goods to protect domestic producers from foreign competition because industries were coming up in the 1950s and 1960s, and competition from imports at that stage would not have allowed these industries to come up. It has not been uniform. To achieve the goal of fair globalisation, a major role can be played by (c) Shared between the rich and poor (b) National investment Which one of the following is not characteristic of ‘Special Economic Zone’? (iv) All of them (c) Liberalisation The MNCs not only sell their finished products globally, but the goods: Give reasons for your answer. (d) Cutting labour cost, 38. (b) Investment (d) None of them, 27. Most of the workers are employed in the unorganised sector. Many small units have been shut down rendering many workers jobless. (b) goods, services and investments between countries. (d) None of the above. (d) 55 million, 24. 13. Question 11. Answer: (c) Within countries Question 24. (b) been decreasing The living standard of people has increased. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. There is by movement of ……………………… . NCERT-Solutions.com try to provide online tutoring for you. (b) World Bank Foreign trade creates an opportunity for the producers to reach beyond the domestic markets. (b) 5 years MNCs are investing in India because of cheaper production costs. MNCs buy up local companies to expand production. It has positive as well as a negative impact. It enables the consumer to buy according to his requirement. Question 5: Why do developed countries want developing countries to liberalise their trade and investment? The chapter focusses on different kinds of development such as social development, economic development and political development. (c) Educated labour and other resources 14. WTO has forced developing countries to remove trade barriers. Foreign trade results in connecting the markets or integration of markets: Besides, it makes trade between countries easier. (a) 139 Grasp the impact of globalisation and the liberalisation of the economy on developing countries. Tele communication facilities have been facilitated by: Cargill foods is the largest producer of which of the following in India? (c) 4 million (d) World Trade Organisation. ……………. In my opinion, the developing countries should demand, in return, for some manner of protection of domestic producers against competition from imports. This has improved the standard of living of people, particularly living in urban areas. (a) Good area for raw materials 6. (d) (iii) and (iv), 39. NCERT Solutions for Class 9 Social Science Economics Chapter 4 Food Security in India (Hindi Medium) These Solutions are part of NCERT Solutions for Class 9 Social Science in Hindi Medium.Here we have given NCERT Solutions for Class 9 Social Science Economics Chapter 4 Food Security in India. 9. Here You Will Find All Solved Question Answers From NCERT Economics For Class 10 From chapter 1, 2, 3, 4, 5 It is an example of trade barriers. Tax on imports is an example of: People are getting jobs with a handsome salary. Students looking for NCERT Solutions for Development Chapter in Economics subject of Class 10 can also download the chapter-wise PDFs. Answer: 8. It is controlled by MNCs, Question 4. 10. (c) National Company Question 27. (c) goods, investments and people between countries. (а) Tax barrier Primary Sidebar. (d) None of the above. (a) International Labour Organisation (c) Sport items At times MNCs set up production jointly with local companies because the local company has knowledge of the local business conditions. Next Prev Home. Page 72: NCERT Solutions for Class 10 Economics Chapter 1- Development is provided on this page. (d) None of the above. In Economics Class 10 textbook, we will see the process of development in the Indian economy. Thus, liberalisation has led to a further spread of globalisation because now businesses are allowed to make their own decisions on imports and exports. (b) Information technology (a) lesser competition among producers. (c) They have world-class facilities. In India most of the workers are employed in the: communication devices These solutions are explained in detail so that students can easily understand them. Cargill Foods, a very large American MNC, has bought over smaller Indian companies such as (c) 20 million (a) Tata Motors Similar is the case in services like data entry, accounting, administrative tasks and engineering. Class 6 CBSE Notes PDF Class 7 CBSE Notes PDF Class 8 CBSE Notes PDF Class 9 CBSE Notes PDF Class 10 CBSE Notes PDF Class 11 CBSE Notes PDF Class 12 CBSE Notes PDF. With the opening of trade, ……………………… travel from one market to another. (d) Socialisation, 31. (d) None of the above. (a) International investment (c) Trade (b) Globalization (a) Parakh Foods Besides the movement of goods, services, investment etc. NCERT Solutions for Class 12 Economics are given for the students so that they can get to know the answers to the questions in case they are not able to find it.It is important for all the students who are in Class 12 currently. Question 30. (b) Collateral (a) Are sold throughout the world Here you can get free NCERT Solutions for Class 10 Social Science, Economics of Chapter 4 Globalization and the Indian Economy. 2. 32. In India Ford Motor’s has collaborated with: (d) None of the above, 9. 4. The impact of globalisation has not been uniform as explained below : (b) substantial goods and trade [Delhi 2011] [Delhi, 2012] (c) Satellite communication devices (a) Liberalisation 15. The most common route for MNC investment is to buy up ……………………… companies and then expand production. (a) goods and raw materials India has highly unskilled engineers who can not understand the technical aspects of production. (a) Reducing cost of raw materials (a) Privatisation With liberalisation of trade, businesses are not allowed to make decisions freely about what they wish to import or export. 14. (a) (i) and (ii) (b) Liberalisation (d) Privatization, 10. These investments have benefited people in a, number of ways which has resulted in the development of the country. (b) buy existing local companies. (a) (i) and (iii) In short, revising the entire chapter becomes easy … Question 6. (d) Mahindra and Mahindra. (a) Privatisation Ford motors came to India in (a) Removal of trade barriers (d) None of the above. MNCs are playing a major role in the globalisation process. This means there is increasing trade with other countries. (c) General Motors (d) None of the above. (a) Parakh food 9. (b) By MNCs We will see the development in terms of three sectors, primary, secondary and tertiary sectors. MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers September 29, 2020 September 29, 2020 / By Prasanna Students who are searching for NCERT MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers Pdf free download are compiled here to get good practice on all fundamentals. (a) MNCs (a) UNICEF (a) Money (a) Production of goods (i) (b) [CBSE (CCE) 2012] On this page, we are providing free NCERT Solutions of Class 10 Economics Chapter 4. (b) Ford Motors 1. Activities of most MNCs involve: Use the above-provided NCERT MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers Pdf free download and get a good grip on the fundamentals of real numbers topic. (b) goods, services and investments between countries. Question 1. MNCs are set in those areas where cheap labour and other resources are available. What do you think should the developing countries demand in return? Answer: (a) Reach beyond their expectations (c) Developing countries Class 10 Social Science chapter wise NCERT solution for Social Science part 1 part 2 Part 3 and Part 4 for all the chapters can be downloaded from our website and myCBSEguide mobile app for free. (d) International Company, Question 20. (а) In same countries Globalisation has enabled some large Indian companies to emerge as multinationals themselves! was started at the initiative of which one of the following group of countries? So, ace up your preparation with MCQ of Chapter 4 Economics Objective Questions. (c) no change in competition among producers. Mexico and Eastern Europe have the advantage of closeness to the markets in US and Europe. This is closely associated with the process of globalisation. (b) Maruti (a) IT (d) All of them, 29. NCERT Solutions for Class 10 Economics Chapter 4 Globalization and the Indian Economy Globalization is nothing but the integration of an economy with the rest of the world. [Delhi, 2012] This solution contains questions, answers, images, explanations of the complete chapter 4 titled Globalization and the Indian Economy of Social Science (Economics) taught in class 10. (c) Reducing electricity cost 10. (c) Foreign investment MNCs are investing in India because _____________. (a) Toyota Here, we have provided NCERT Solutions for Class 10 Economics chapterwise that can help you while preparing your own answers. It refers to globalisation which creates opportunities for all and ensures that its benefits are better shared. (d) Than a few decades back, Question 7. Students can find the chapter wise answers to all the questions in NCERT Solutions for Class 10 Economics. While consumers have more choices in the market, the effect of rising demand and purchasing power has meant greater competition among the producers. Indian buyers have a greater choice of goods than they did two decades back. is one such organisation whose aim is to liberalise international trade (b) Liberalisation [AI 2011] Sometimes the producers of other countries set up joint ventures as AIG have set up joint venture in insurance sector and are selling their products in India. If you have any doubts, please comment below. Download NCERT Solutions for Class 10 Economics, Get free Class 10 Economics solutions for questions for all chapters in Class 10 Economics solved by best teachers as per latest NCERT (CBSE) book syllabus and guidelines. (b) 129 Globalization has opened the gates of various economies providing to the whole world. 4. To get large orders, Indian exporters try hard to cut their own costs by Go through the following sections and find NCERT Class 10 Economics Solutions. (c) Fovourable trade By easing up on labour laws, company heads can negotiate wages and terminate employment, depending on market conditions. Download NCERT Solutions for Class 10 Economics - Understanding Economic Development textbook in form of chapter-wise PDF. Question 18. Question 1: What do you understand by globalisation? Investment made by MNCs are termed as: [CBSE (CCE)2012] Question 10. Globalization has resulted in more choices for the consumers who now get better quality and at lower prices several products. Question 5. (a) MNCs (b) Credit … Removal of barriers set by the government is known as [CBSE(CCE)2012] CBSE School Educational Study Material. Globalisation is the process of rapid integration or inter connecting between countries. These solutions are provided by expert teachers at IndCareer. They can buy anything of their choice costly or cheap. (d) Garments, 2. (c) Production of services across countries If you have any query regarding NCERT Solutions for Class 10 Social Science Economics Chapter 1 Development , drop a comment below and we will get back to you at the earliest. (c) substantial trade in goods and services (a) goods, services and people between countries. CBSE guide notes are the comprehensive notes which covers the latest syllabus of CBSE and NCERT. Maths NCERT Solutions Class 10 Chapter 4 includes all solutions for the numerical problem given in the NCERT book. MCQ Questions for Class 10 Social Science with Answers. 14. The other is telling, globalisation is helping India develop. NCERT Solutions for Class 10 Social Economics Chapter 4 Globalisation and the Indian Economy September 30, 2019 by phani Formulae Handbook for Class 10 Maths and Science Class 6 NCERT … Foreign trade creates an opportunity for the producers to go beyond the domestic market. 17. Access free Social Science (SST) Class 10 Understanding Economic Development – II NCERT Solutions on LearnCBSE.in. For a large number of small producers globalisation has posed many challenges. (b) Reducing advertising and marketing cost (c) 1992 (d) Increasing export duties on goods. (a) Globalisation (c) (i) and (ii) 11. NCERT Books. MNCs with huge wealth can quite easily do so. Question 26. (b) Dhara Companies providing services particularly in the field of information and communica­tion technologies have also benefited by globalisation. Globalisation has led to an improvement in living conditions (a) set up new factories. The solutions for Economics Class 10 NCERT Solutions Chapter 4 have been drafted by keeping in mind the needs of students during examinations. Foreign trade leads to the integration of markets across countries because it creates an opportunity for the producers to reach beyond the domestic markets i.e., markets of their own countries. (b) International Monetary Fund Till 2006, how many members were there in WTO? Which of the following is not a feature of a Multi-National Company? Use MCQ Questions for Class 10 Maths with Answers during preparation and score maximum marks in the exam. [Foreign 2011] Liberalisation involves which one of the following? Question 28. What do you understand by … (a) They do not have to pay taxes for long period. Answer: (b) More goods and services moving between countries. (a) A large company Investment made by MNCs is called: (d) Developing countries, 3. Can you imagine what the world would be like twenty years from now? (b) Privatisation (c) Import barrier Which one of the following Indian industries has been hit hard by globalisation? They are successful in raising their production standards. MNCs set up offices and factories for production in regions where they can get: (c) Portfolio Investment Which one of the following type of countries has been more benefited from globalisation? Solutions are in Hindi and English Medium. (d) none of the above. (c) (iii) and (iv) (d) none of the above Question 16. [Delhi, 2012] While some of the MNCs produce entirely for the local market, many others produce for the exports markets. (d) Cement, 6. NCERT Solutions for class 11 Commerce Economics solved by subject matter experts. (d) The globalisation process. (b) MNC Globalisation has also created new opportunities for companies providing services. NCERT Solutions for Economics Class 10 Download as PDF. 16. 2000 crore to set up a plant near Mumbai. Among producers and workers, the impact of globalisation has been uniform. Answer: (d) Closeness to the markets in the US and Europe A large part of the foreign trade is also controlled by: 5. MNCs are playing a major role in: (d) All the above. The government decided that the time had come for Indian producers to compete with producers around the globe. 19. (c) World Health Organisation It felt that competition would improve the performance of producers within the country since they would have to improve their quality. (b) Export barrier The benefits of globalisation are shared better. Answer: (b) Ford Motors Solved by subject matter experts all Solutions for Class 10 Social Science with Answers more benefited from globalisation negative.... Like twenty years from now continue in the globalisation process MNCs are playing a major in. Has allowed flexibility in labour laws, company heads can negotiate wages and terminate employment, on! Reserved for the numerical problem given in the exam example other than those given here exercise for... All of them, 36 ) 1994 ( d ) all of them 36! Type of countries would have to pay taxes for long period NCERT Books for Class 10 Social with! Find two people arguing: one is saying globalisation has been facilitated by remote communication devices countries like India been... Board Exams have wealth exceeding the entire budgets of the world from now, 26 have to pay taxes long. The Solutions to all the chapters of NCERT Economics Class 12 Commerce Economics solved by matter. Why do developed countries place orders for production with small producers like insurance banking and food processing not characteristic ‘... Essential items such as garments, footwear the quality of domestic goods, services investments! Export barrier are investing in India, with a capacity to make 5 million ( c Dairy! In many other countries are moving between countries their own country as well as in other countries production jointly local... Indian companies to make ………… pouches daily Understanding Economic development and political development the company s. In technology has been the main channel connecting countries, shall result in ( a ) (! 10 Exams can download up Board Solutions for Class 10 Maths with Answers Commerce Economics solved by subject matter.! 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