question_answer

   (a) What   is   globalisation?   How   can government ensure fair globalisation to its people? Give two points. Or Suggest any three measures to make globalisation just and fair. Or How can trade between countries be made fairer? Explain any three measures. (b) What values/lesson have you learnt from the given questions?        

Answer:

                  (a) Globalisation means unification or integration of the domestic economy with the world economy through trade, capital and technology flows. Government can ensure fair globalisation to its people by ·         ensuring that the labour laws of the country are followed so that workers are not exploited. ·         supporting small producers to improve their performance so that they remain viable in the face of competition from MNCs. ·         negotiating with WTO for fairer rules and aligning with other developing countries for better trade terms. (b) From the above questions I have learnt, the values of fairness, equality and cooperation.