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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. Which of the following is most likely not true about the process of globalisation?
  • a)
    It is the accelerated flow of goods, people, capital and information across borders.
  • b)
    It aims at transforming the world towards greater interdependence and integration
  • c)
    It promotes social justice and welf are and removes disparities
  • d)
    It involves creation of networks and activities transcending
Correct answer is option 'C'. Can you explain this answer?
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Directions: Based on the case study given below answer the questions t...
Globalization does involve the accelerated flow of goods, people, capital, and information across borders (A) and aims at transforming the world towards greater interdependence and integration (B). It also involves the creation of networks and activities transcending borders (D). However, promoting social justice, welfare, and removing disparities (C) is not an inherent aspect of globalization. While globalization can lead to economic growth and development, it can also exacerbate inequalities and social disparities in some cases, as the benefits of globalization may not be evenly distributed among different countries and social groups.
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Directions: Based on the case study given below answer the questions t...

Globalisation and its Goals:

Globalisation is the accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments. It aims at transforming the world towards greater interdependence and integration, promoting economic growth, efficiency, and competition.

Key Aspects of Globalisation:

- Accelerated flow of goods, people, capital, and information: This involves the movement of resources, products, and ideas across borders, leading to increased economic interdependence.
- Creation of networks and activities transcending borders: Globalisation involves the establishment of international networks, partnerships, and collaborations that transcend national boundaries.
- Promotion of social justice and welfare: While globalisation can lead to economic growth and development, it does not inherently promote social justice and welfare. In fact, it can exacerbate disparities between different countries and regions.
- Removal of disparities: Globalisation can lead to disparities between developed and developing countries, as well as within countries. It can widen the gap between the rich and the poor, and between urban and rural areas.

Conclusion:

While globalisation has the potential to promote economic growth and efficiency, it does not necessarily promote social justice and welfare or remove disparities. In fact, it can exacerbate inequalities and create new challenges for policymakers and societies to address.
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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

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. Covid-19 can threaten the process of globalization by

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. Identify the reason most unlikely responsible for globalisation

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. Identify the structural reform undertaken under the New Economic Policy 1991 which was expected to increase the inflow of foreign capital into country

Read the passage given below and answer the questions that follows:While everything may not be known about the economic facets of globalisation, this particular dimension shapes a large part of the content and direction of contemporary debates surrounding globalisation. A part of the problem has to do with defining economic globalisation itself. The mention of economic globalisation draws our attention immediately to the role of international institutions like the IMF and the WTO and the role they play in determining economic policies across the world. Yet, globalisation must not be viewed in such narrow terms. Economic globalisation involves many actors other than these international institutions. A much broader way of understanding of economic globalisation requires us to look at the distribution of economic gains, i.e. who gets the most from globalisation and who gets less, indeed who loses from it. What is often called economic globalisation usually involves greater economic flows among different countries of the world. Some of this is voluntary and some forced by international institutions and powerful countries. As we saw in the examples at the beginning of this chapter, this flow or exchange can take various forms: commodities, capital, people and ideas. Globalisation has involved greater trade in commodities across the globe; the restrictions imposed by different countries on allowing the imports of other countries have been reduced. Similarly, the restrictions on movement of capital across countries have also been reduced. In operational terms, it means that investors in the rich countries can invest their money in countries other than their own, including developing countries, where they might get better returns.Q. In terms of trade, what is the impact of globalisation?

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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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect answer is option 'C'. Can you explain this answer?
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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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect 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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect 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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect 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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect 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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect 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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect 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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect 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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect 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. Which of the following is most likely not true about the process of globalisation?a)It is the accelerated flow of goods, people, capital and information across borders.b)It aims at transforming the world towards greater interdependence and integrationc)It promotes social justice and welf are and removes disparitiesd)It involves creation of networks and activities transcendingCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
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