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Q.

Choose whether the given statement is true or false.

Developing countries exert pressure on their welfare in the era of Globalization.

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a

True

b

False

answer is A.

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Detailed Solution

The above statement is true.
Developing countries exert pressure on their welfare in the era of globalisation. Globalization can be beneficial for all. The money that MNCs invest in developing countries boosts their economies and solves the shortage of foreign exchange. Also, MNCs promote small industries by placing orders with small domestic producers and selling their products. MNCs exert pressure and demand fair globalisation that can be beneficial for all.

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