Question

State whether the following statements are True or False.
Globalisation of agriculture will achieve price stability.

• A. True
• B. False

Answer 1

The correct option is B False

Globalization is a process of the interdependence of the whole global economy. Globalization in the agricultural sector will not achieve price stability. It made the trade more competitive and hence, it is difficult for the agricultural sector to achieve price stability. Price stability refers to checking inflationary and deflationary gap in the economy.