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Q.

Choose the given statement is true/false:

Government can play a role in ensuring fair globalisation.

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a

True

b

False

answer is A.

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Detailed Solution

The given statement is true.
The government can ensure fair globalisation in several ways:
1)      Rules and regulations can be introduced that protect the interests of all the people. For example, labour laws can be amended to ensure that employees don't get exploited by employers.
2)      The government can also impose trade barriers if the competition is tough and if it impacts the local producers.
3)      The government can also align with other developing countries to ensure that the developed countries don't dominate them.

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