Choose whether the given statement is True/False:

People played an important role in the struggle for fair globalisation.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
The organisation created by the people raised their voices against the WTO trade practices, which were soft toward the developed countries. These organisations led many campaigns and representations with the main aim of demanding fair globalisation. Also, fair globalisation can be achieved if the countries let the market forces of demand and supply decide the volume of goods exported or imported. It will increase the competition in the economy of both nations. This will increase the chances of entry of multinational corporations in joint partnership with local firms, which will benefit the small producers of both countries and lead to the country's development in terms of productivity and income.

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