Which of the following statements are correct?
I. Globalization has led to increased flow of capital across countries.
II. Increase in flows of labour across countries has been larger than the increase has been larger than the increase in flows of capital
III. MNCs spread their production and work with local producers in various countries across the globe.

I and II

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I and III

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II and III

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I, II and III

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Solution

The correct option is B I and III
The Flow of capital has been larger than flow of labour. That ia why statement I and III are correct.

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Similar questions

Choose the most appropriate option.

(i) The past two decades of globalisation has seen rapid movements in

(a) goods, services and people between countries.

(b) goods, services and investments between countries.

(ii) The most common route for investments by MNCs in countries around the world is to

(a) set up new factories.

(b) buy existing local companies.

(iii) Globalisation has led to improvement in living conditions

(a) of all the people

(b) of people in the developed countries

(d) none of the above

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