question_answer

                    Fill in the blanks. Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of (i)___. Markets in India are selling goods produced in many other countries. This   means   there   is   increasing (ii)___with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because (iii) ___. While consumers have more choices in the market, the effect of rising (iv)___and (v)___has meant greater (vi)___among the producers.

Answer:

                  (i) globalization                                 (ii) cooperation (iii) they can get cheap labour and other resources                          (iv) foreign trade (v) foreign investment (vi) competition