5 Questions
How do prices of similar goods in two markets tend to behave according to the text?
They tend to become equal over time.
What is one of the main impacts of foreign trade between countries as per the text?
Integration of markets in different countries.
How has foreign investment by MNCs changed in the past few decades according to the text?
It has been increasing, looking for cheaper production locations globally.
What role do MNCs play in controlling a large part of foreign trade according to the text?
They control a significant portion of foreign trade activities.
How does globalisation impact the search for production locations by MNCs?
It encourages the search for cheaper production locations worldwide.
Explore the effects of Chinese manufacturers exporting plastic toys to India and the implications on the Indian toy market. Learn about how this import influences the choices available to buyers and the economy in general.
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