Globalisation

Globalisation is a process of rapid

Globalisation is a process of rapid integration or interconnection between countries. It is not only about markets but also includes political and cul

An MNC is a company

An MNC is a company that owns or controls production in more than one nation. It sets up offices and factories in places where labour and resources ar

Foreign investment is the money spent

Foreign investment is the money spent by MNCs to buy assets such as land, buildings, machines, and other equipment in another country.

Foreign trade creates an opportunity

Foreign trade creates an opportunity for producers to reach beyond domestic markets and gives buyers a wider choice of goods. It connects markets in d

Liberalisation means removing barriers or restrictions

Liberalisation means removing barriers or restrictions set by the government on foreign trade and foreign investment.