Answer:
Competition
has affected workers, Indian exporters and foreign MNCs in the following ways
Workers
(i) Their jobs are no longer secure.
They now work on a temporary basis.
(ii) They have to put in very long working hours.
(iii) Wages are low.
Indian exporters
(i) They get orders from MNCs at
cheaper rates.
(ii)They tru hard to cut their costs.
(iii) They employ workers only on a temporary basis.
Foreign MNCs
(i) They are able to find the cheapest
goods in order to maximise their profits.
(ii) Competition among the garment exporters has allowed these MNCs to
make large profits.
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