HEM SHEELA MODEL SCHOOL

DURGAPUR
CLASS -10
ECONOMICS ASSIGNMENT
CHAPTER-4 GLOBALISATION
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VERY SHORT ANSWER TYPE QUESTIONS(1 MARK)

1. What are multinational corporation?
2. Define: Globalisation ,liberalisation,Trade barriers,Industrial zones/Special Economic
zones,Quotas.
SHORT ANSWER TYPE QUESTIONS(3 MARKS)
3. MNCs not only sale globally but also produce globally.Explain the statement with suitable
example.
4. Explain trade barriers.Give two examples of trade barriers.
4. What are the functions of foreign trade?
5. Explain the aim of WTO.
6. Explain the impact of globalisation on consumers ,workers and small producers.
7. 'A wide ranging choice of goods are available in the Indian markets'.Support the statement with
examples in context of globalisation.
OR
How markets have been transformed in recent years?
8. 'Globalisation and greater competition among producers has been of advantageous to
consumers'.Justify the statement with examples.
LONG ANSWER TYPE QUESTIONS(5 MARKS)
9. How do MNCs set up or control production in more than one country?
10. How does foreign trade leads to integration of markets?
11. Why did Indian Government put restriction on foreign trade and foreign investment?Why did it
wish to remove trade barriers?
12. What are the factors that have stimulated the globalisation process?
13. The impact of globalisation has not been uniform.Explain the statement with suitable points.
14. Explain the steps taken by the Government to attract foreign investment.
15. How Globalisation can be made more fair?