Humanities/Arts Exam  >  Humanities/Arts Questions  >  Directions: Based on the case study given bel... Start Learning for Free
Directions: Based on the case study given below answer the questions that follow.
One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.
Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.
How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.
The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.
National governments will have to weigh the risks of
contagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.
Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:
  • a)
    Extensive privatisation and disinvestment
  • b)
    Encouragement of private sector to produce critical goods and services
  • c)
    Public sector taking over the production of critical goods and services
  • d)
    Simplification of trade agreement
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Directions: Based on the case study given below answer the questions t...
Covid-19 is most likely to disrupt the process of globalization in terms of flow of goods between nations by:
Public sector taking over the production of critical goods and services
  • Increased focus on self-reliance: Governments might prioritize domestic production of essential goods such as pharmaceuticals and medical equipment to reduce dependency on imports.
  • Re-nationalization of manufacturing: This means that governments could take control of production for critical goods to ensure a stable supply during times of crisis.
  • Revisiting trade agreements: The crisis might lead to a re-evaluation of existing trade agreements to ensure that countries have enough flexibility to protect their domestic industries in times of need.
  • Enhanced border controls and restrictions: Governments might impose stricter controls on the flow of goods, particularly for essential items, to ensure their availability within the country.
These factors together suggest that the public sector could play a more significant role in the production of critical goods and services in the wake of the Covid-19 crisis, potentially disrupting the existing globalized flow of goods between nations.
Explore Courses for Humanities/Arts exam

Top Courses for Humanities/Arts

Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer?
Question Description
Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Based on the case study given below answer the questions that follow.One natural question is what Covid-19 will mean for globalisation. Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.Over the past three decades, globalising trends were assumed to be the new normal. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the natural endpoints towards which the world was moving, if at different rates for different places.How could Covid-19 impact these trends? There will almost certainly be calls for the re-nationalisation of manufacturing, particularly for what are considered critical or essential goods. The recent bickering over personal protective equipment (PPE) and pharmaceuticals have brought this to the fore. This will further complicate trade agreements, both those in force and those under negotiation.The globalisation of people, including short-term tourist or business traffic, may face new kinds of restrictions.National governments will have to weigh the risks ofcontagious diseases against the benefits of ease of travel or may have to consider stronger safeguards. In turn, the globalisation of finance will be indirectly affected: Less migration and business travel coupled with incentives to invest at home will hinder transactional capital flows.Q. Keeping in view, the recent crisis over Pharmaceuticals, Covid 19 is most likely to disrupt the process of globalisation in terms of flow of goods between nations by:a)Extensive privatisation and disinvestmentb)Encouragement of private sector to produce critical goods and servicesc)Public sector taking over the production of critical goods and servicesd)Simplification of trade agreementCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
Explore Courses for Humanities/Arts exam

Top Courses for Humanities/Arts

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev