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Question
Rhean loves gadgets. One day, while browsing an e-commerce website, he found earphones made by a South Korean company. He immediately ordered them, and they arrived at his residence at Ahmedabad in just eight days.
Due to which of the following was Rhean able to order earphones from South Korea to Gujarat?
Rhean loves gadgets. One day, while browsing an e-commerce website, he found earphones made by a South Korean company. He immediately ordered them, and they arrived at his residence at Ahmedabad in just eight days.
Due to which of the following was Rhean able to order earphones from South Korea to Gujarat?
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Solution
The correct option is C Globalisation
Globalisation refers to the interconnection between nations. It is not just limited to trade in goods and services but also involves exchange of capital, labour, and technology. Due to globalisation, consumers get access to a wide range of goods produced by nations across the world. Besides, it also increases foreign direct investment and earnings of domestic producers.
Globalisation refers to the interconnection between nations. It is not just limited to trade in goods and services but also involves exchange of capital, labour, and technology. Due to globalisation, consumers get access to a wide range of goods produced by nations across the world. Besides, it also increases foreign direct investment and earnings of domestic producers.
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